iSHARES TRUST

The Markets in Review

Dear Shareholder,

The combination of continued economic growth and cooling inflation provided a supportive backdrop for investors during the 12-month reporting period ended January 31, 2024. Significantly tighter monetary policy helped to rein in inflation, and the Consumer Price Index decelerated substantially in the first half of the period before stalling between 3% and 4% in the second half. A moderating labor market helped ease inflationary pressure, although wages continued to grow. Wage and job growth powered robust consumer spending, backstopping the economy. On October 7, 2023, Hamas launched a horrific attack on Israel. The ensuing war will have a significant humanitarian impact and could lead to heightened economic and market volatility. We see geopolitics as a structural market risk going forward. See our geopolitical risk dashboard at blackrock.com for more details.

Equity returns were robust during the period, as interest rates stabilized and the economy proved to be more resilient than many investors expected. The U.S. economy continued to show strength, and growth further accelerated in the second half of 2023. Large-capitalization U.S. stocks posted particularly substantial gains, supported by the performance of a few notable technology companies, while small-capitalization U.S. stocks advanced at a significantly slower pace. Meanwhile, international developed market equities also gained, while emerging market stocks declined overall.

The 10-year U.S. Treasury yield rose during the reporting period, driving its price down, as investors reacted to elevated inflation and attempted to anticipate future interest rate changes. However, shorter-duration U.S. Treasuries gained, as higher yields boosted returns. The corporate bond market benefited from improving economic sentiment, although high-yield corporate bond prices fared significantly better than investment-grade bonds as demand from yield-seeking investors remained strong.

The U.S. Federal Reserve (the “Fed”), attempting to manage persistent inflation, raised interest rates four times during the 12-month period, but paused its tightening in the second half of the period. The Fed also wound down its bond-buying programs and incrementally reduced its balance sheet by not replacing securities that reach maturity.

Supply constraints appear to have become an embedded feature of the new macroeconomic environment, making it difficult for developed economies to increase production without sparking higher inflation. Geopolitical fragmentation and an aging population risk further exacerbating these constraints, keeping the labor market tight and wage growth high. Although the Fed has stopped tightening for now, we believe that the new economic regime means that the Fed will need to maintain high rates for an extended period despite the market’s hopes for interest rate cuts, as reflected in the recent rally. In this new regime, we anticipate greater volatility and dispersion of returns, creating more opportunities for selective portfolio management.

Looking at developed market stocks, we have an overweight stance on U.S. stocks overall, particularly given the promise of emerging AI technologies. We are also overweight Japanese stocks as shareholder-friendly policies generate increased investor interest, although we maintain an underweight stance on European stocks. In credit, there are selective opportunities in the near term despite tighter credit and financial conditions. For fixed income investing with a six- to twelve-month horizon, we see the most attractive investments in short-term U.S. Treasuries and hard-currency emerging market bonds.

Overall, our view is that investors need to think globally, position themselves to be prepared for a decarbonizing economy, and be nimble as market conditions change. We encourage you to talk with your financial advisor and visit iShares.com for further insight about investing in today’s markets.

LOGO

Rob Kapito

President, BlackRock Inc.

LOGO

Rob Kapito

President, BlackRock Inc.


Total Returns as of January 31, 2024

	6-Month	12-Month

U.S. large cap equities (S&P 500^® Index)	6.43%	20.82%

U.S. small cap equities (Russell 2000^® Index)	(2.02)	2.40

International equities (MSCI Europe, Australasia, Far East Index)	3.15	10.01

Emerging market equities (MSCI Emerging Markets Index)	(6.00)	(2.94)

3-month Treasury bills (ICE BofA 3-Month U.S. Treasury Bill Index)	2.73	5.13

U.S. Treasury securities (ICE BofA 10-Year U.S. Treasury Index)	1.74	(0.38)

U.S. investment grade bonds (Bloomberg U.S. Aggregate Bond Index)	3.15	2.10

Tax-exempt municipal bonds (Bloomberg Municipal Bond Index)	2.70	2.90

U.S. high yield bonds (Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index)	6.18	9.28

Past performance is not an indication of future results. Index performance is shown for illustrative purposes only. You cannot invest directly in an index.

The iShares MSCI ACWI ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging market equities, as represented by the MSCI ACWI (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

Past performance is not an indication of future results. Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. See “About Fund Performance” for more information.

The iShares MSCI ACWI Low Carbon Target ETF (the “Fund”) seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities with a lower carbon exposure than that of the broad market, as represented by the MSCI ACWI Low Carbon Target Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

The inception date of the Fund was December 8, 2014. The first day of secondary market trading was December 9, 2014.

The iShares MSCI All Country Asia ex Japan ETF (the “Fund”) seeks to track the investment results of an index composed of Asian equities, excluding Japan, as represented by the MSCI AC Asia ex Japan Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

The iShares MSCI Europe Financials ETF (the “Fund”) seeks to track the investment results of an index composed of developed market European equities in the financials sector, as represented by the MSCI Europe Financials Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

The iShares MSCI Europe Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of small-capitalization developed market equities in Europe, as represented by the MSCI Europe Small Cap Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

The iShares MSCI Kokusai ETF (the “Fund”) seeks to track the investment results of an index composed of developed market equities, excluding Japan, as represented by the MSCI Kokusai Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

Past performance is not an indication of future results. Financial markets have experienced extreme volatility and trading in many instruments has been disrupted. These circumstances may continue for an extended period of time and may continue to affect adversely the value and liquidity of each Fund’s investments. As a result, current performance may be lower or higher than the performance data quoted. Performance data current to the most recent month-end is available at iShares.com. Performance results assume reinvestment of all dividends and capital gain distributions and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. The investment return and principal value of shares will vary with changes in market conditions. Shares may be worth more or less than their original cost when they are redeemed or sold in the market. Performance for certain funds may reflect a waiver of a portion of investment advisory fees. Without such a waiver, performance would have been lower.

Net asset value or “NAV” is the value of one share of a fund as calculated in accordance with the standard formula for valuing mutual fund shares. Beginning August 10, 2020, the price used to calculate market return (“Market Price”) is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the highest bid and the lowest ask on the primary stock exchange on which shares of a fund are listed for trading, as of the time that such fund’s NAV is calculated. Since shares of a fund may not trade in the secondary market until after the fund’s inception, for the period from inception to the first day of secondary market trading in shares of the fund, the NAV of the fund is used as a proxy for the Market Price to calculate market returns. Market and NAV returns assume that dividends and capital gain distributions have been reinvested at Market Price and NAV, respectively.

An index is a statistical composite that tracks a specified financial market or sector. Unlike a fund, an index does not actually hold a portfolio of securities and therefore does not incur the expenses incurred by a fund. These expenses negatively impact fund performance. Also, index returns do not include brokerage commissions that may be payable on secondary market transactions. If brokerage commissions were included, index returns would be lower.

Shareholders of each Fund may incur the following charges: (1) transactional expenses, including brokerage commissions on purchases and sales of fund shares and (2) ongoing expenses, including management fees and other fund expenses. The expense examples shown (which are based on a hypothetical investment of $1,000 invested at the beginning of the period and held through the end of the period) are intended to assist shareholders both in calculating expenses based on an investment in each Fund and in comparing these expenses with similar costs of investing in other funds.

The expense examples provide information about actual account values and actual expenses. Annualized expense ratios reflect contractual and voluntary fee waivers, if any. In order to estimate the expenses a shareholder paid during the period covered by this report, shareholders can divide their account value by $1,000 and then multiply the result by the number under the heading entitled “Expenses Paid During the Period.”

The expense examples also provide information about hypothetical account values and hypothetical expenses based on a fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses. In order to assist shareholders in comparing the ongoing expenses of investing in the Funds and other funds, compare the 5% hypothetical examples with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

The expenses shown in the expense examples are intended to highlight shareholders’ ongoing costs only and do not reflect any transactional expenses, such as brokerage commissions and other fees paid on purchases and sales of fund shares. Therefore, the hypothetical examples are useful in comparing ongoing expenses only and will not help shareholders determine the relative total expenses of owning different funds. If these transactional expenses were included, shareholder expenses would have been higher.


Security	Shares		Value

Common Stocks

Australia — 1.8%
Ampol Ltd.		80,884	$	1,913,107
ANZ Group Holdings Ltd.		791,308		13,962,139
APA Group		333,417		1,844,160
Aristocrat Leisure Ltd.		165,141		4,761,116
ASX Ltd.		58,046		2,481,603
Aurizon Holdings Ltd.		553,582		1,364,597
BHP Group Ltd.		1,392,125		42,590,683
BlueScope Steel Ltd.		127,269		1,943,182
Brambles Ltd.		403,004		3,842,549
CAR Group Ltd.		83,373		1,790,128
Cochlear Ltd.		19,614		3,892,377
Coles Group Ltd.		368,054		3,819,434
Commonwealth Bank of Australia		459,869		35,067,031
Computershare Ltd.		167,279		2,770,683
CSL Ltd.		133,155		26,148,650
Dexus		338,698		1,714,037
Endeavour Group Ltd./Australia		343,516		1,257,178
Fortescue Ltd.		442,673		8,555,429
Goodman Group		464,713		7,713,850
GPT Group (The)		680,652		2,057,185
IDP Education Ltd.		57,404		735,102
IGO Ltd.		173,809		844,923
Insurance Australia Group Ltd.		595,497		2,337,579
James Hardie Industries PLC^(a)		115,718		4,347,576
Lottery Corp. Ltd. (The)		571,565		1,876,096
Macquarie Group Ltd.		100,005		12,339,559
Medibank Pvt Ltd.		882,773		2,210,146
Mineral Resources Ltd.		47,173		1,819,406
Mirvac Group		1,371,591		1,927,634
National Australia Bank Ltd.		857,576		18,086,618
Northern Star Resources Ltd.		350,139		3,003,424
Orica Ltd.		144,330		1,522,234
Origin Energy Ltd.		481,531		2,687,521
Pilbara Minerals Ltd.^(b)		796,176		1,813,422
Qantas Airways Ltd.^(a)		246,841		889,951
QBE Insurance Group Ltd.		425,547		4,381,680
Ramsay Health Care Ltd.		54,282		1,809,683
REA Group Ltd.		13,321		1,588,751
Reece Ltd.		71,159		1,048,196
Rio Tinto Ltd.		93,200		8,019,613
Santos Ltd.		935,987		4,730,422
Scentre Group		1,462,842		2,908,199
SEEK Ltd.		120,035		1,978,810
Sonic Healthcare Ltd.		121,161		2,526,231
South32 Ltd.		1,358,737		2,941,960
Stockland		721,287		2,130,040
Suncorp Group Ltd.		327,630		3,015,682
Telstra Corp. Ltd.		1,047,600		2,762,870
Transurban Group		821,889		7,220,484
Treasury Wine Estates Ltd.		243,638		1,708,419
Vicinity Ltd.		1,184,054		1,571,721
Washington H Soul Pattinson & Co. Ltd.		67,452		1,507,764
Wesfarmers Ltd.		312,617		11,834,723
Westpac Banking Corp.		939,639		14,740,699
WiseTech Global Ltd.		44,696		2,104,337
Woodside Energy Group Ltd.		510,060		10,668,524
Woolworths Group Ltd.		327,316		7,687,001
Xero Ltd.^(a)		40,207		2,877,962


				327,694,080


Security	Shares		Value

Austria — 0.0%
Erste Group Bank AG		83,061	$	3,578,135
OMV AG		42,589		1,895,696
Verbund AG		20,185		1,641,410
voestalpine AG		36,432		1,083,915


				8,199,156

Belgium — 0.2%
Ageas SA/NV		49,954		2,146,623
Anheuser-Busch InBev SA/NV		241,110		14,914,484
Argenx SE^(a)		16,282		6,148,604
D’ieteren Group		5,975		1,207,025
Elia Group SA/NV		9,522		1,146,499
Groupe Bruxelles Lambert NV		33,081		2,507,860
KBC Group NV		63,598		4,148,599
Lotus Bakeries NV		111		946,466
Sofina SA		3,752		897,340
Syensqo SA^(a)		18,133		1,616,502
UCB SA		34,145		3,211,873
Umicore SA		56,606		1,287,586
Warehouses De Pauw CVA		61,998		1,813,885


				41,993,346

Brazil — 0.4%
Ambev SA		1,246,006		3,289,552
Atacadao SA		94,443		198,440
B3 SA - Brasil, Bolsa, Balcao		1,642,357		4,339,265
Banco Bradesco SA		90,907		251,011
Banco BTG Pactual SA		428,261		3,113,588
Banco do Brasil SA		223,561		2,547,234
Banco Santander Brasil SA		29,400		170,013
BB Seguridade Participacoes SA		187,167		1,293,894
CCR SA		373,788		989,847
Centrais Eletricas Brasileiras SA		353,362		2,910,686
Cia. de Saneamento Basico do Estado de Sao Paulo		110,000		1,750,888
Cia. Siderurgica Nacional SA		191,583		685,606
Cosan SA		360,842		1,330,652
Energisa SA		20,142		205,754
Eneva SA^(a)		203,111		523,110
Engie Brasil Energia SA		54,547		446,778
Equatorial Energia SA		351,179		2,511,358
Hapvida Participacoes e Investimentos SA^(a)(c)		1,434,118		1,123,118
Hypera SA		171,610		1,099,061
JBS SA		269,725		1,275,565
Klabin SA		207,958		893,635
Localiza Rent a Car SA		211,348		2,308,686
Lojas Renner SA		277,063		897,558
Magazine Luiza SA^(a)		796,400		337,567
Natura & Co. Holding SA^(a)		279,435		902,422
Petroleo Brasileiro SA		1,010,402		8,598,125
PRIO SA		189,140		1,677,079
Raia Drogasil SA		367,397		1,876,139
Rede D’Or Sao Luiz SA^(c)		161,013		882,348
Rumo SA		391,525		1,822,333
Sendas Distribuidora SA		387,574		1,068,598
Suzano SA		196,780		2,050,255
Telefonica Brasil SA		140,984		1,461,517
Tim SA		335,031		1,172,581
TOTVS SA		186,747		1,188,088
Ultrapar Participacoes SA		234,821		1,335,158
Vale SA		909,851		12,443,788
Vibra Energia SA		297,895		1,428,025


Security	Shares		Value

Brazil (continued)
WEG SA		517,752	$	3,379,642


				75,778,964

Canada — 2.9%
Agnico Eagle Mines Ltd.		130,642		6,421,082
Air Canada^(a)		52,213		707,591
Algonquin Power & Utilities Corp.		166,383		986,331
Alimentation Couche-Tard Inc.		223,180		13,077,556
AltaGas Ltd.		71,908		1,494,908
ARC Resources Ltd.		159,379		2,475,238
Bank of Montreal		195,266		18,393,013
Bank of Nova Scotia (The)		328,254		15,350,016
Barrick Gold Corp.		452,981		7,075,459
BCE Inc.		24,315		981,136
Brookfield Asset Management Ltd.		92,743		3,729,173
Brookfield Corp., Class A		370,601		14,708,817
Brookfield Renewable Corp., Class A		31,687		885,242
BRP Inc.		8,679		547,678
CAE Inc.^(a)		86,823		1,738,462
Cameco Corp.		117,347		5,602,666
Canadian Apartment Properties REIT		28,451		987,622
Canadian Imperial Bank of Commerce		252,366		11,405,228
Canadian National Railway Co.		153,551		19,048,113
Canadian Natural Resources Ltd.		304,452		19,483,841
Canadian Pacific Kansas City Ltd.		248,534		19,999,921
Canadian Tire Corp. Ltd., Class A, NVS		17,528		1,863,030
Canadian Utilities Ltd., Class A, NVS		86,971		1,982,068
CCL Industries Inc., Class B, NVS		48,894		2,092,574
Cenovus Energy Inc.		380,920		6,170,878
CGI Inc.^(a)		57,416		6,429,806
Constellation Software Inc./Canada		5,801		16,033,102
Descartes Systems Group Inc. (The)^(a)		16,687		1,461,113
Dollarama Inc.		84,827		6,225,505
Element Fleet Management Corp.		108,926		1,837,511
Emera Inc.		82,771		2,924,951
Empire Co. Ltd., Class A, NVS		33,415		865,914
Enbridge Inc.		583,789		20,729,731
Fairfax Financial Holdings Ltd.		5,895		6,145,015
First Quantum Minerals Ltd.		168,385		1,527,983
FirstService Corp.		9,333		1,562,060
Fortis Inc./Canada		130,952		5,253,859
Franco-Nevada Corp.		51,653		5,588,490
George Weston Ltd.		15,637		1,992,352
GFL Environmental Inc.		61,642		2,094,393
Gildan Activewear Inc.		50,736		1,675,539
Great-West Lifeco Inc.		76,657		2,558,939
Hydro One Ltd.^(c)		101,612		3,015,597
iA Financial Corp. Inc.		28,638		1,946,903
Imperial Oil Ltd.		58,515		3,375,238
Intact Financial Corp.		50,796		7,943,664
Ivanhoe Mines Ltd., Class A^(a)(b)		155,646		1,633,504
Keyera Corp.		58,279		1,409,672
Kinross Gold Corp.		411,969		2,270,587
Loblaw Companies Ltd.		40,839		4,081,014
Lundin Mining Corp.		179,343		1,464,678
Magna International Inc.		78,388		4,455,076
Manulife Financial Corp.		513,439		11,349,925
MEG Energy Corp.^(a)		63,329		1,197,384
Metro Inc./CN		60,911		3,198,116
National Bank of Canada		97,776		7,478,379
Northland Power Inc.		58,819		1,082,362
Nutrien Ltd.		134,241		6,693,828
Onex Corp.		17,206		1,270,437


Security	Shares		Value

Canada (continued)
Open Text Corp.		83,391	$	3,636,591
Pan American Silver Corp.		95,307		1,290,184
Parkland Corp.		44,586		1,521,519
Pembina Pipeline Corp.		159,469		5,492,959
Power Corp. of Canada		175,145		5,105,383
Quebecor Inc., Class B		33,521		815,056
RB Global Inc.		48,966		3,134,378
Restaurant Brands International Inc.		79,571		6,211,444
RioCan REIT		18,716		254,614
Rogers Communications Inc., Class B, NVS		102,441		4,785,076
Royal Bank of Canada		383,209		37,398,827
Saputo Inc.		87,127		1,796,393
Shopify Inc., Class A^(a)		326,889		26,169,112
Stantec Inc.		26,584		2,136,092
Sun Life Financial Inc.		156,415		8,107,822
Suncor Energy Inc.		360,237		11,928,857
TC Energy Corp.		285,797		11,274,999
Teck Resources Ltd., Class B		125,465		5,021,586
TELUS Corp.		132,681		2,376,406
TFI International Inc.		21,151		2,779,702
Thomson Reuters Corp.		43,940		6,523,756
TMX Group Ltd.		74,289		1,837,264
Toromont Industries Ltd.		18,166		1,591,155
Toronto-Dominion Bank (The)		494,697		30,050,879
Tourmaline Oil Corp.		84,109		3,636,622
Waste Connections Inc.		71,638		11,122,516
West Fraser Timber Co. Ltd.		18,937		1,505,861
Wheaton Precious Metals Corp.		126,694		5,937,736
WSP Global Inc.		31,811		4,673,279


				534,096,338

Chile — 0.0%
Banco de Chile		10,358,721		1,159,436
Banco de Credito e Inversiones SA		36,177		957,924
Banco Santander Chile		19,083,840		882,561
Cia. Sud Americana de Vapores SA		3,158,033		227,563
Empresas CMPC SA		330,050		537,778
Empresas Copec SA		135,225		859,678
Enel Americas SA		8,338,078		845,017
Enel Chile SA		7,801,320		468,935
Falabella SA^(a)		174,813		414,921


				6,353,813

China — 2.5%
3SBio Inc.^(c)		696,000		524,471
AAC Technologies Holdings Inc.		220,500		495,141
Agricultural Bank of China Ltd., Class A		2,889,500		1,563,647
Agricultural Bank of China Ltd., Class H		7,266,000		2,813,329
Aier Eye Hospital Group Co. Ltd., Class A		374,145		667,763
Air China Ltd., Class H^(a)(b)		862,000		481,573
Akeso Inc.^(a)(b)(c)		185,000		939,376
Alibaba Group Holding Ltd.		4,451,676		39,926,965
Alibaba Health Information Technology Ltd.^(a)(b)		1,652,000		607,037
Aluminum Corp. of China Ltd., Class H		1,516,000		738,839
Anhui Conch Cement Co. Ltd., Class A		65,892		211,867
ANTA Sports Products Ltd.		357,400		3,016,618
Autohome Inc., ADR		19,463		490,468
AviChina Industry & Technology Co. Ltd., Class H		918,000		338,593
Baidu Inc.^(a)		600,710		7,777,517
Bank of China Ltd., Class H		21,132,000		7,930,208
Bank of Communications Co. Ltd., Class A		1,812,500		1,514,783
Bank of Communications Co. Ltd., Class H		736,000		435,421
Bank of Ningbo Co. Ltd., Class A		196,315		588,477


Security	Shares		Value

China (continued)
Bank of Shanghai Co. Ltd., Class A		973,951	$	867,081
BeiGene Ltd.^(a)		183,934		2,084,562
Beijing Enterprises Holdings Ltd.		82,000		296,785
Beijing Enterprises Water Group Ltd.		1,340,000		326,016
Beijing Kingsoft Office Software Inc., Class A		13,600		403,761
Beijing-Shanghai High Speed Railway Co. Ltd., Class A		939,000		648,904
Bilibili Inc.^(a)(b)		55,548		501,564
BOC Aviation Ltd.^(c)		70,100		525,565
Bosideng International Holdings Ltd.^(b)		1,128,000		509,920
BYD Co. Ltd., Class A		77,100		1,835,992
BYD Co. Ltd., Class H		260,000		5,821,441
BYD Electronic International Co. Ltd.^(b)		268,500		919,777
CGN Power Co. Ltd.		260,800		138,637
CGN Power Co. Ltd., Class H^(c)		5,503,000		1,542,077
China Cinda Asset Management Co. Ltd., Class H		554,000		53,154
China CITIC Bank Corp. Ltd., Class H		2,139,000		1,060,092
China Coal Energy Co. Ltd., Class H		695,000		763,234
China Communications Services Corp. Ltd., Class H		582,000		239,649
China Construction Bank Corp., Class H		26,036,260		15,461,977
China CSSC Holdings Ltd., Class A		128,200		545,405
China Everbright Bank Co. Ltd., Class A		3,291,000		1,443,416
China Everbright Environment Group Ltd.		1,206,000		420,629
China Feihe Ltd.^(c)		1,205,000		552,051
China Galaxy Securities Co. Ltd., Class A		270,500		437,789
China Gas Holdings Ltd.		788,600		718,985
China Hongqiao Group Ltd.		680,500		498,884
China International Capital Corp. Ltd., Class H^(c)		828,400		984,672
China Life Insurance Co. Ltd., Class H		2,015,000		2,322,976
China Literature Ltd.^(a)(c)		121,000		351,935
China Longyuan Power Group Corp. Ltd., Class H		1,059,000		638,801
China Medical System Holdings Ltd.		417,000		595,906
China Mengniu Dairy Co. Ltd.		911,000		2,018,521
China Merchants Bank Co. Ltd., Class A		627,300		2,684,307
China Merchants Bank Co. Ltd., Class H		915,288		3,336,577
China Merchants Port Holdings Co. Ltd.		444,000		548,951
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		611,322		747,304
China Minsheng Banking Corp. Ltd., Class A		2,773,200		1,524,218
China Minsheng Banking Corp. Ltd., Class H		13,500		4,490
China National Building Material Co. Ltd., Class H		1,060,000		373,909
China National Nuclear Power Co. Ltd., Class A		477,400		550,668
China Oilfield Services Ltd., Class H		670,000		643,940
China Overseas Land & Investment Ltd.		1,036,000		1,567,250
China Overseas Property Holdings Ltd.		515,000		341,337
China Pacific Insurance Group Co. Ltd., Class A		391,897		1,360,095
China Pacific Insurance Group Co. Ltd., Class H		389,000		715,749
China Petroleum & Chemical Corp., Class H		7,133,200		3,710,713
China Power International Development Ltd.		1,823,000		682,039
China Railway Group Ltd., Class H		1,507,000		689,207
China Resources Beer Holdings Co. Ltd.		474,000		1,714,145
China Resources Gas Group Ltd.		284,000		805,419
China Resources Land Ltd.		866,000		2,629,223
China Resources Mixc Lifestyle Services Ltd.^(c)		182,000		525,582
China Resources Power Holdings Co. Ltd.		612,000		1,238,137
China Ruyi Holdings Ltd.^(a)(b)		1,608,000		269,763
China Shenhua Energy Co. Ltd., Class A		326,200		1,689,101
China Shenhua Energy Co. Ltd., Class H		659,500		2,501,935
China Southern Airlines Co. Ltd., Class H^(a)		768,000		284,133
China State Construction Engineering Corp. Ltd., Class A		2,144,977		1,537,011


Security	Shares		Value

China (continued)
China State Construction International Holdings Ltd.		686,000	$	724,623
China Taiping Insurance Holdings Co. Ltd.		662,200		549,708
China Three Gorges Renewables Group Co. Ltd., Class A		1,161,200		715,664
China Tourism Group Duty Free Corp. Ltd., Class A		81,092		901,597
China Tower Corp. Ltd., Class H^(c)		11,120,000		1,237,003
China Traditional Chinese Medicine Holdings Co. Ltd.		1,174,000		448,872
China United Network Communications Ltd., Class A		605,800		380,758
China Vanke Co. Ltd., Class A		643,696		861,528
China Yangtze Power Co. Ltd., Class A		738,510		2,508,186
Chinasoft International Ltd.		930,000		529,965
Chongqing Changan Automobile Co. Ltd., Class A		237,800		423,538
Chongqing Zhifei Biological Products Co. Ltd., Class A		87,150		544,539
Chow Tai Fook Jewellery Group Ltd.^(b)		531,600		720,152
CITIC Ltd.		1,441,000		1,390,844
CITIC Securities Co. Ltd., Class A		486,423		1,389,558
CITIC Securities Co. Ltd., Class H		538,025		1,050,076
CMOC Group Ltd., Class H		1,476,000		808,484
Contemporary Amperex Technology Co. Ltd., Class A		95,800		2,021,767
COSCO SHIPPING Energy Transportation Co. Ltd., Class A		268,600		492,405
COSCO Shipping Holdings Co. Ltd., Class H		1,190,800		1,251,087
COSCO SHIPPING Ports Ltd.		542,000		331,909
Country Garden Holdings Co. Ltd.^(a)(b)		2,716,866		220,354
Country Garden Services Holdings Co. Ltd.		655,000		432,688
CRRC Corp. Ltd., Class A		400,900		317,111
CSC Financial Co. Ltd., Class A		118,800		369,761
CSPC Pharmaceutical Group Ltd.		2,463,120		1,812,091
Daqo New Energy Corp., ADR^(a)(b)		18,917		341,452
Dongfeng Motor Group Co. Ltd., Class H		670,000		258,735
East Buy Holding Ltd.^(a)(b)(c)		129,500		380,479
East Money Information Co. Ltd., Class A		400,660		696,274
ENN Energy Holdings Ltd.		212,000		1,578,096
Eve Energy Co. Ltd., Class A		92,600		448,754
Far East Horizon Ltd.		462,000		338,022
Flat Glass Group Co. Ltd., Class H		262,000		394,053
Foshan Haitian Flavouring & Food Co. Ltd., Class A		127,621		603,786
Fosun International Ltd.		653,500		342,941
Foxconn Industrial Internet Co. Ltd., Class A		345,700		638,943
Fuyao Glass Industry Group Co. Ltd., Class H^(c)		237,200		1,072,360
Ganfeng Lithium Group Co. Ltd., Class A		29,500		139,751
Ganfeng Lithium Group Co. Ltd., Class H^(b)(c)		134,840		360,199
GCL-Poly Energy Holdings Ltd.		5,900,000		678,871
GDS Holdings Ltd.^(a)(b)		273,688		183,306
Geely Automobile Holdings Ltd.		1,684,000		1,596,193
Genscript Biotech Corp.^(a)		464,000		770,200
GF Securities Co. Ltd., Class H		566,800		570,431
Great Wall Motor Co. Ltd., Class H		968,000		953,099
Greentown China Holdings Ltd.		259,000		195,118
Guangdong Investment Ltd.		1,022,000		594,157
Guangzhou Automobile Group Co. Ltd., Class H		1,068,000		422,142
Guotai Junan Securities Co. Ltd., Class A		326,800		664,943
H World Group Ltd., ADR		59,427		1,887,996
Haidilao International Holding Ltd.^(c)		529,000		833,448
Haier Smart Home Co. Ltd., Class A		107,500		334,428


Security	Shares		Value

China (continued)
Haier Smart Home Co. Ltd., Class H		733,400	$	2,072,340
Haitian International Holdings Ltd.		196,000		436,277
Haitong Securities Co. Ltd., Class H		892,800		411,529
Hansoh Pharmaceutical Group Co. Ltd.^(c)		480,000		720,934
Hengan International Group Co. Ltd.		226,500		701,355
Hengli Petrochemical Co. Ltd., Class A^(a)		408,500		667,014
Hua Hong Semiconductor Ltd.^(a)(c)		182,000		329,719
Huaneng Power International Inc., Class H^(a)		1,992,000		1,123,320
Huatai Securities Co. Ltd., Class H^(c)		645,400		761,392
Hygeia Healthcare Holdings Co. Ltd.^(b)(c)		143,800		468,627
Industrial & Commercial Bank of China Ltd., Class A		3,660,291		2,632,746
Industrial & Commercial Bank of China Ltd., Class H		15,385,260		7,494,618
Industrial Bank Co. Ltd., Class A		813,700		1,782,349
Inner Mongolia Yili Industrial Group Co. Ltd., Class A		360,000		1,357,751
Inner Mongolia Yitai Coal Co. Ltd., Class B		443,000		837,985
Innovent Biologics Inc.^(a)(c)		402,000		1,619,622
iQIYI Inc., ADR^(a)(b)		113,637		380,684
JD Health International Inc.^(a)(c)		325,300		1,073,420
JD.com Inc.		623,676		7,032,654
Jiangsu Expressway Co. Ltd., Class H		524,000		500,008
Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A		250,718		1,309,328
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A		58,600		745,759
Jiangxi Copper Co. Ltd., Class H		375,000		524,449
JOYY Inc., ADR		17,857		547,496
Kanzhun Ltd., ADR		59,065		821,594
KE Holdings Inc., ADR		178,943		2,535,622
Kingboard Holdings Ltd.		282,000		501,933
Kingboard Laminates Holdings Ltd.		494,000		296,903
Kingdee International Software Group Co. Ltd.^(a)		864,000		835,197
Kingsoft Corp. Ltd.^(b)		335,800		816,919
Kuaishou Technology^(a)(c)		616,600		3,107,871
Kunlun Energy Co. Ltd.		1,192,000		1,067,909
Kweichow Moutai Co. Ltd., Class A		23,232		5,192,783
Legend Biotech Corp., ADR^(a)		18,590		1,023,565
Lenovo Group Ltd.		2,112,000		2,211,414
Li Auto Inc.^(a)		312,876		4,324,860
Li Ning Co. Ltd.		682,500		1,458,040
Longfor Group Holdings Ltd.^(b)(c)		555,000		615,387
LONGi Green Energy Technology Co. Ltd., Class A		230,820		621,396
Lufax Holding Ltd., Class A, ADR^(b)		54,334		128,772
Luxshare Precision Industry Co. Ltd., Class A		329,840		1,168,036
Luzhou Laojiao Co. Ltd., Class A		35,100		718,261
Meituan, Class B^(a)(c)		1,363,620		10,967,900
Microport Scientific Corp.^(a)		264,000		194,967
MINISO Group Holding Ltd.		100,424		424,745
Minth Group Ltd.		244,000		395,507
Muyuan Foods Co. Ltd., Class A		158,912		779,988
NARI Technology Co. Ltd., Class A		190,620		556,781
NAURA Technology Group Co. Ltd., Class A		12,900		407,493
NetEase Inc.		538,290		10,463,340
New China Life Insurance Co. Ltd., Class H		231,500		413,143
New Oriental Education & Technology Group Inc.^(a)		420,030		3,241,895
Nine Dragons Paper Holdings Ltd.^(a)		456,000		168,942
Ningxia Baofeng Energy Group Co. Ltd., Class A		310,200		575,766
NIO Inc., ADR^(a)(b)		400,629		2,251,535


Security	Shares		Value

China (continued)
Nongfu Spring Co. Ltd., Class H^(c)		491,200	$	2,665,817
Orient Overseas International Ltd.		40,000		597,128
Orient Securities Co. Ltd., Class A		291,400		335,488
PDD Holdings Inc., ADR^(a)		163,815		20,783,209
People’s Insurance Co. Group of China Ltd. (The), Class H		2,442,000		759,164
PetroChina Co. Ltd., Class H		5,774,000		4,176,714
PICC Property & Casualty Co. Ltd., Class H		1,996,000		2,482,754
Ping An Bank Co. Ltd., Class A		844,100		1,111,684
Ping An Healthcare and Technology Co. Ltd.^(a)(b)(c)		183,100		262,885
Ping An Insurance Group Co. of China Ltd., Class A		303,800		1,716,407
Ping An Insurance Group Co. of China Ltd., Class H		1,678,000		7,053,542
Poly Developments and Holdings Group Co. Ltd., Class A		713,399		950,733
Pop Mart International Group Ltd.^(c)		153,600		344,468
Postal Savings Bank of China Co. Ltd., Class A		475,800		313,472
Postal Savings Bank of China Co. Ltd., Class H^(c)		1,333,000		641,052
Qifu Technology Inc.		27,412		393,362
Rongsheng Petrochemical Co. Ltd., Class A		211,500		278,543
SAIC Motor Corp. Ltd., Class A		580,613		1,105,229
Sany Heavy Equipment International Holdings Co. Ltd.		707,000		460,149
Sany Heavy Industry Co. Ltd., Class A		184,400		335,873
SF Holding Co. Ltd., Class A		210,600		1,035,461
Shaanxi Coal Industry Co. Ltd., Class A		482,500		1,625,919
Shandong Gold Mining Co. Ltd., Class H^(c)		267,250		384,758
Shandong Weigao Group Medical Polymer Co. Ltd., Class H		701,200		449,352
Shanghai Baosight Software Co. Ltd., Class B		167,800		330,593
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H		256,000		434,664
Shanghai Pharmaceuticals Holding Co. Ltd., Class H		361,800		511,407
Shanghai Pudong Development Bank Co. Ltd., Class A		1,055,565		1,003,679
Shanghai United Imaging Healthcare Co. Ltd., NVS		13,944		261,652
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A		32,100		895,297
Shenzhen Inovance Technology Co. Ltd., Class A		50,600		394,088
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A		40,200		1,502,898
Shenzhou International Group Holdings Ltd.		225,700		2,009,950
Sino Biopharmaceutical Ltd.		2,976,000		1,073,848
Sinopharm Group Co. Ltd., Class H		450,800		1,185,371
Sinotruk Hong Kong Ltd.		143,000		324,781
Smoore International Holdings Ltd.^(b)(c)		536,000		324,121
Sungrow Power Supply Co. Ltd., Class A		49,300		537,645
Sunny Optical Technology Group Co. Ltd.		203,000		1,247,716
TAL Education Group, ADR^(a)(b)		107,937		1,148,450
Tencent Holdings Ltd.		1,816,900		63,066,961
Tencent Music Entertainment Group, ADR^(a)(b)		229,292		2,155,345
Tongcheng Travel Holdings Ltd.^(a)		444,400		906,511
Tongwei Co. Ltd., Class A		184,800		598,989
Topsports International Holdings Ltd.^(c)		512,000		331,869
TravelSky Technology Ltd., Class H		444,000		446,592
Trip.com Group Ltd.^(a)		143,626		5,227,901
Tsingtao Brewery Co. Ltd., Class A		99,900		968,387
Tsingtao Brewery Co. Ltd., Class H		62,000		353,816
Uni-President China Holdings Ltd.		586,000		329,169


Security	Shares		Value

China (continued)
Vinda International Holdings Ltd.		204,000	$	602,764
Vipshop Holdings Ltd., ADR^(a)		111,908		1,778,218
Wanhua Chemical Group Co. Ltd., Class A		121,653		1,183,830
Want Want China Holdings Ltd.		1,672,000		921,766
Weibo Corp., ADR		20,779		168,310
Weichai Power Co. Ltd., Class H		649,000		1,145,786
Wens Foodstuffs Group Co. Ltd., Class A		545,216		1,424,940
Will Semiconductor Co. Ltd. Shanghai, Class A		44,900		539,466
Wuliangye Yibin Co. Ltd., Class A		91,600		1,614,662
WuXi AppTec Co. Ltd., Class A		126,159		956,006
WuXi AppTec Co. Ltd., Class H^(b)(c)		44,912		310,746
Wuxi Biologics Cayman Inc.^(a)(c)		1,053,000		2,771,006
Xiaomi Corp., Class B^(a)(c)		4,248,600		6,693,789
Xinyi Solar Holdings Ltd.		1,544,000		708,914
XPeng Inc.^(a)		291,634		1,214,553
Xtep International Holdings Ltd.		442,500		217,913
Yadea Group Holdings Ltd.^(c)		446,000		611,511
Yankuang Energy Group Co. Ltd., Class H		864,000		1,775,073
Yuexiu Property Co. Ltd.		399,000		249,856
Yum China Holdings Inc.		117,426		4,061,765
Yunnan Baiyao Group Co. Ltd., Class A		138,800		898,622
Zai Lab Ltd.^(a)		277,980		590,641
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A		21,692		601,402
Zhaojin Mining Industry Co. Ltd., Class H		454,500		423,673
Zhejiang Expressway Co. Ltd., Class H		728,640		541,278
Zhejiang Leapmotor Technology Co. Ltd.^(a)(b)(c)		140,300		379,129
ZhongAn Online P&C Insurance Co. Ltd., Class H^(a)(c)		208,900		326,357
Zhongsheng Group Holdings Ltd.		187,000		315,660
Zhuzhou CRRC Times Electric Co. Ltd.		216,100		530,494
Zijin Mining Group Co. Ltd., Class A		354,100		593,799
Zijin Mining Group Co. Ltd., Class H		1,812,000		2,688,761
ZTE Corp., Class H		243,600		423,321
ZTO Express Cayman Inc., ADR		122,992		2,012,149


				459,910,762

Colombia — 0.0%
Interconexion Electrica SA ESP		26,649		115,384


Czech Republic — 0.0%
CEZ AS		51,404		1,947,456
Komercni Banka AS		39,318		1,289,931


				3,237,387

Denmark — 0.8%
AP Moller - Maersk A/S, Class A		833		1,510,454
AP Moller - Maersk A/S, Class B, NVS		567		1,045,434
Carlsberg A/S, Class B		26,046		3,351,272
Coloplast A/S, Class B^(b)		35,403		4,080,964
Danske Bank A/S		189,439		5,086,713
Demant A/S^(a)		24,815		1,124,092
DSV A/S		52,095		9,320,302
Genmab A/S^(a)		18,331		5,068,925
Novo Nordisk A/S		894,116		102,201,379
Novozymes A/S, Class B		103,560		5,306,485
Orsted A/S^(c)		55,069		3,103,950
Pandora A/S		25,409		3,712,685
Tryg A/S		108,641		2,322,105
Vestas Wind Systems A/S^(a)		274,921		7,751,400


				154,986,160

Egypt — 0.0%
Commercial International Bank Egypt SAE		636,678		832,713


Security	Shares		Value

Finland — 0.2%
Elisa OYJ		32,204	$	1,467,261
Fortum OYJ		125,584		1,716,752
Kesko OYJ, Class B		75,069		1,466,068
Kone OYJ, Class B		88,084		4,360,273
Metso OYJ		167,481		1,673,912
Neste OYJ		117,715		4,058,168
Nokia OYJ		1,473,754		5,327,950
Nordea Bank Abp		840,260		10,354,012
Orion OYJ, Class B		27,418		1,262,261
Sampo OYJ, Class A		124,795		5,223,349
Stora Enso OYJ, Class R		175,116		2,228,310
UPM-Kymmene OYJ		148,612		5,405,348
Wartsila OYJ Abp		151,551		2,235,613


				46,779,277

France — 2.8%
Accor SA		54,913		2,168,706
Aeroports de Paris SA		5,652		756,293
Air Liquide SA		141,304		26,442,684
Airbus SE		160,071		25,497,044
Alstom SA		79,789		1,006,172
Amundi SA^(c)		12,544		848,446
ArcelorMittal SA		125,474		3,455,556
Arkema SA		12,706		1,382,832
AXA SA		506,500		17,000,829
BioMerieux		10,445		1,124,177
BNP Paribas SA		288,390		19,375,242
Bollore SE		246,856		1,630,491
Bouygues SA		70,657		2,588,349
Bureau Veritas SA		102,721		2,732,264
Capgemini SE		46,675		10,376,851
Carrefour SA		170,286		2,907,173
Cie. de Saint-Gobain		128,151		9,061,112
Cie. Generale des Etablissements Michelin SCA		201,841		6,701,658
Covivio SA/France		9,045		437,994
Credit Agricole SA		300,726		4,307,855
Danone SA		176,842		11,781,853
Dassault Aviation SA		6,210		1,176,226
Dassault Systemes SE		181,223		9,394,286
Edenred SE		74,992		4,479,158
Eiffage SA		30,009		3,139,847
Engie SA		490,876		7,840,503
EssilorLuxottica SA		77,799		15,246,504
Eurazeo SE		3,235		275,558
Eurofins Scientific SE		33,156		1,996,547
Euronext NV^(c)		18,154		1,596,774
Gecina SA		12,822		1,414,095
Getlink SE		115,814		1,995,601
Hermes International SCA		8,623		18,191,590
Ipsen SA		10,773		1,242,117
Kering SA		20,187		8,292,282
Klepierre SA		40,707		1,053,932
La Francaise des Jeux SAEM^(c)		25,388		1,029,067
Legrand SA		76,876		7,450,484
L’Oreal SA		65,236		31,218,950
LVMH Moet Hennessy Louis Vuitton SE		74,820		62,254,620
Orange SA		486,730		5,788,155
Pernod Ricard SA		57,869		9,489,680
Publicis Groupe SA		65,730		6,585,721
Remy Cointreau SA		4,015		406,816
Renault SA		58,538		2,204,522
Safran SA		93,877		17,527,667
Sanofi SA		312,629		31,308,399


Security	Shares		Value

France (continued)
Sartorius Stedim Biotech		7,802	$	2,102,149
Schneider Electric SE		144,854		28,456,567
SEB SA		5,107		623,617
Societe Generale SA		201,999		5,192,388
Sodexo SA		24,675		2,783,561
Teleperformance SE		17,029		2,659,488
Thales SA		29,061		4,250,289
TotalEnergies SE		629,397		40,832,498
Unibail-Rodamco-Westfield, New^(a)		36,655		2,624,670
Veolia Environnement SA		191,085		6,226,283
Vinci SA		144,947		18,310,033
Vivendi SE		205,387		2,314,621
Worldline SA/France^(a)(c)		65,705		888,232


				521,447,078

Germany — 1.9%
adidas AG		43,584		8,228,136
Allianz SE, Registered		109,289		29,199,393
BASF SE		245,381		11,730,191
Bayer AG, Registered		268,002		8,339,315
Bayerische Motoren Werke AG		85,759		8,923,489
Bechtle AG		23,248		1,205,475
Beiersdorf AG		26,781		3,919,122
Brenntag SE		41,665		3,683,602
Carl Zeiss Meditec AG, Bearer		12,224		1,288,553
Commerzbank AG		287,185		3,297,915
Continental AG		29,141		2,380,547
Covestro AG^(a)(c)		57,075		3,013,873
Daimler Truck Holding AG		141,638		5,061,740
Delivery Hero SE^(a)(c)		53,862		1,222,090
Deutsche Bank AG, Registered		540,876		6,986,888
Deutsche Boerse AG		51,050		10,166,079
Deutsche Lufthansa AG, Registered^(a)		216,481		1,800,120
Deutsche Post AG, Registered		272,039		13,029,076
Deutsche Telekom AG, Registered		877,729		21,546,324
E.ON SE		603,402		8,163,592
Evonik Industries AG		44,116		811,564
Fresenius Medical Care AG & Co. KGaA^(b)		53,962		2,085,610
Fresenius SE & Co. KGaA		108,969		3,059,068
GEA Group AG		52,957		2,120,877
Hannover Rueck SE		18,604		4,459,693
Heidelberg Materials AG		37,706		3,481,939
HelloFresh SE^(a)		47,019		621,815
Henkel AG & Co. KGaA		30,545		2,088,993
Infineon Technologies AG		356,239		12,987,378
Knorr-Bremse AG		19,053		1,176,830
LEG Immobilien SE^(a)		19,890		1,650,465
Mercedes-Benz Group AG		219,274		14,803,797
Merck KGaA		36,670		6,016,648
MTU Aero Engines AG		15,503		3,564,607
Muenchener Rueckversicherungs-Gesellschaft AGin Muenchen, Registered		37,504		15,966,163
Nemetschek SE		18,760		1,731,053
Puma SE		29,882		1,202,565
Rational AG		1,363		1,047,037
Rheinmetall AG		11,715		4,102,250
RWE AG		169,709		6,266,610
SAP SE		285,057		49,385,149
Scout24 SE^(c)		24,733		1,821,098
Siemens AG, Registered		207,262		37,104,840
Siemens Healthineers AG^(c)		77,639		4,320,706
Symrise AG, Class A		38,558		3,978,172
Talanx AG^(a)		12,586		883,046


Security	Shares		Value

Germany (continued)
Volkswagen AG		3,007	$	424,532
Vonovia SE		204,400		6,367,541
Wacker Chemie AG		5,594		606,505
Zalando SE^(a)(c)		59,028		1,178,590


				348,500,661

Greece — 0.1%
Alpha Services and Holdings SA^(a)		635,608		1,131,934
Eurobank Ergasias Services and Holdings SA, Class A^(a)		733,696		1,416,922
Hellenic Telecommunications Organization SA		56,482		784,245
JUMBO SA		65,225		1,832,705
Mytilineos SA		25,139		1,032,373
National Bank of Greece SA^(a)		143,659		1,092,251
OPAP SA		53,509		926,392
Piraeus Financial Holdings SA^(a)		175,506		710,751
Public Power Corp. SA^(a)		57,244		757,474


				9,685,047

Hong Kong — 0.5%
AIA Group Ltd.		3,175,200		24,901,239
BOC Hong Kong Holdings Ltd.		1,096,500		2,628,084
Budweiser Brewing Co. APAC Ltd.^(c)		495,800		781,451
CK Asset Holdings Ltd.		591,016		2,666,865
CK Hutchison Holdings Ltd.		742,016		3,832,379
CK Infrastructure Holdings Ltd.		215,000		1,276,851
CLP Holdings Ltd.		456,500		3,630,745
ESR Group Ltd.^(b)(c)		670,400		856,954
Futu Holdings Ltd., ADR^(a)		19,129		893,707
Galaxy Entertainment Group Ltd.		656,000		3,404,561
Hang Lung Properties Ltd.		610,000		708,185
Hang Seng Bank Ltd.		203,700		2,120,551
Henderson Land Development Co. Ltd.		299,003		779,088
HKT Trust & HKT Ltd., Class SS		1,215,000		1,459,531
Hong Kong & China Gas Co. Ltd.		3,403,040		2,421,695
Hong Kong Exchanges & Clearing Ltd.		338,300		10,256,849
Hongkong Land Holdings Ltd.		365,600		1,141,222
Jardine Matheson Holdings Ltd.		40,700		1,634,272
Link REIT		684,560		3,433,535
MTR Corp. Ltd.		432,500		1,407,056
New World Development Co. Ltd.		483,916		593,113
Power Assets Holdings Ltd.		450,000		2,634,833
Sands China Ltd.^(a)		685,600		1,799,542
Sino Land Co. Ltd.		1,668,000		1,742,333
SITC International Holdings Co. Ltd.		441,000		669,148
Sun Hung Kai Properties Ltd.		429,500		4,008,689
Swire Pacific Ltd., Class A		142,500		1,102,527
Swire Properties Ltd.		195,800		365,906
Techtronic Industries Co. Ltd.		397,000		4,216,579
WH Group Ltd.^(c)		2,110,000		1,244,889
Wharf Holdings Ltd. (The)^(b)		278,000		812,229
Wharf Real Estate Investment Co. Ltd.		476,200		1,395,187
Xinyi Glass Holdings Ltd.		547,000		453,476


				91,273,271

Hungary — 0.0%
MOL Hungarian Oil & Gas PLC		119,126		976,303
OTP Bank Nyrt		71,086		3,293,328
Richter Gedeon Nyrt		25,206		680,426


				4,950,057

India — 1.8%
Adani Enterprises Ltd.		45,330		1,715,585
Adani Green Energy Ltd.^(a)		85,144		1,724,711
Adani Ports & Special Economic Zone Ltd.		139,110		2,022,331


Security	Shares		Value

India (continued)
Adani Power Ltd.^(a)		197,630	$	1,341,629
Ambuja Cements Ltd.		189,376		1,274,560
APL Apollo Tubes Ltd.		45,300		821,001
Apollo Hospitals Enterprise Ltd.		31,137		2,380,859
Asian Paints Ltd.		118,543		4,210,827
Astral Ltd.		25,250		556,292
Aurobindo Pharma Ltd.		99,681		1,380,733
Avenue Supermarts Ltd.^(a)(c)		42,855		1,958,136
Axis Bank Ltd.		679,253		8,733,365
Bajaj Auto Ltd.		20,243		1,871,322
Bajaj Finance Ltd.		77,656		6,427,702
Bajaj Finserv Ltd.		124,000		2,429,543
Bandhan Bank Ltd.^(c)		184,727		508,906
Bank of Baroda		200,800		597,915
Bharat Electronics Ltd.		1,017,161		2,278,202
Bharat Forge Ltd.		71,325		1,060,171
Bharat Petroleum Corp. Ltd.		242,402		1,469,211
Bharti Airtel Ltd.		668,971		9,436,855
Britannia Industries Ltd.		31,524		1,971,700
CG Power and Industrial Solutions Ltd.		173,776		980,369
Cholamandalam Investment and Finance Co. Ltd.		128,352		1,828,532
Cipla Ltd.		140,121		2,278,954
Coal India Ltd.		384,143		1,880,903
Colgate-Palmolive India Ltd.		32,670		1,011,790
Container Corp. of India Ltd.		90,484		965,839
Cummins India Ltd.		32,227		890,400
Dabur India Ltd.		153,060		994,206
Divi’s Laboratories Ltd.		40,106		1,772,894
DLF Ltd.		194,177		1,874,481
Dr. Reddy’s Laboratories Ltd.		35,339		2,596,602
Eicher Motors Ltd.		41,362		1,914,695
GAIL India Ltd.		677,920		1,410,608
Godrej Consumer Products Ltd.		105,198		1,475,200
Godrej Properties Ltd.^(a)		31,775		907,848
Grasim Industries Ltd.		79,236		2,075,406
Havells India Ltd.		85,052		1,325,207
HCL Technologies Ltd.		308,210		5,845,415
HDFC Bank Ltd.		795,235		13,984,890
HDFC Life Insurance Co. Ltd.^(c)		260,182		1,806,645
Hero MotoCorp Ltd.		33,688		1,875,451
Hindalco Industries Ltd.		391,246		2,724,860
Hindustan Aeronautics Ltd., NVS		31,340		1,134,111
Hindustan Petroleum Corp. Ltd.^(a)		137,887		769,514
Hindustan Unilever Ltd.		227,372		6,798,799
ICICI Bank Ltd.		1,423,567		17,631,065
ICICI Lombard General Insurance Co. Ltd.^(c)		69,193		1,245,112
IDFC First Bank Ltd.^(a)		952,827		967,207
Indian Hotels Co. Ltd., Class A		230,477		1,366,686
Indian Oil Corp. Ltd.		752,235		1,332,109
Indian Railway Catering & Tourism Corp. Ltd.		71,701		843,376
Indraprastha Gas Ltd.		104,676		543,033
IndusInd Bank Ltd.		78,290		1,445,322
Info Edge India Ltd.		24,142		1,461,729
Infosys Ltd.		895,335		17,849,542
InterGlobe Aviation Ltd.^(a)(c)		39,590		1,411,862
ITC Ltd.		897,401		4,770,658
Jindal Steel & Power Ltd.		79,578		725,783
Jio Financial Services Ltd., NVS^(a)		830,922		2,480,891
JSW Steel Ltd.		249,994		2,461,522
Jubilant Foodworks Ltd.		118,201		739,569
Kotak Mahindra Bank Ltd.		296,224		6,510,650
Larsen & Toubro Ltd.		181,552		7,600,717


Security	Shares		Value

India (continued)
LTIMindtree Ltd.^(c)		30,540	$	2,000,331
Lupin Ltd.		80,554		1,458,766
Macrotech Developers Ltd.		61,753		796,837
Mahindra & Mahindra Ltd.		239,191		4,756,328
Marico Ltd.		148,901		947,098
Maruti Suzuki India Ltd.		37,385		4,585,309
Max Healthcare Institute Ltd.		221,685		2,084,764
Nestle India Ltd., NVS		82,597		2,491,502
NTPC Ltd.		1,056,191		4,043,786
Oil & Natural Gas Corp. Ltd.		940,384		2,856,617
One 97 Communications Ltd., NVS^(a)		60,477		552,956
Page Industries Ltd.		1,783		800,930
Persistent Systems Ltd.		13,613		1,366,227
PI Industries Ltd.		23,399		950,869
Pidilite Industries Ltd.		44,530		1,357,232
Polycab India Ltd.		12,297		642,769
Power Finance Corp. Ltd.		365,296		1,950,538
Power Grid Corp. of India Ltd.		1,277,202		3,989,145
REC Ltd.		307,229		1,845,573
Reliance Industries Ltd.		831,693		28,574,065
Samvardhana Motherson International Ltd.		510,553		696,045
SBI Life Insurance Co. Ltd.^(c)		127,818		2,161,239
Shree Cement Ltd.		2,909		999,795
Shriram Finance Ltd.		75,710		2,250,419
Siemens Ltd.		22,438		1,118,659
Sona Blw Precision Forgings Ltd.^(c)		92,537		688,763
SRF Ltd.		41,794		1,168,990
State Bank of India		523,951		4,047,192
Sun Pharmaceutical Industries Ltd.		261,330		4,464,531
Supreme Industries Ltd.		13,606		676,932
Suzlon Energy Ltd.^(a)		2,355,947		1,302,717
Tata Communications Ltd.		28,684		600,026
Tata Consultancy Services Ltd.		249,988		11,482,222
Tata Consumer Products Ltd.		180,014		2,424,178
Tata Elxsi Ltd.		11,180		1,023,346
Tata Motors Ltd.		470,697		5,009,554
Tata Motors Ltd., Class A		8,765		61,639
Tata Power Co. Ltd. (The)		415,330		1,947,594
Tata Steel Ltd.		2,051,125		3,358,720
Tech Mahindra Ltd.		182,374		2,921,735
Titan Co. Ltd.		99,505		4,427,754
Trent Ltd.		69,964		2,601,439
Tube Investments of India Ltd.		33,506		1,574,953
TVS Motor Co. Ltd.		126,840		3,056,238
UltraTech Cement Ltd.		28,082		3,433,640
UPL Ltd.		151,290		979,001
Varun Beverages Ltd.		134,990		2,082,420
Vedanta Ltd.		221,160		730,191
Wipro Ltd.		355,792		2,034,934
Yes Bank Ltd.^(a)		4,325,549		1,256,230
Zomato Ltd.^(a)		1,405,527		2,361,478


				329,676,224

Indonesia — 0.2%
Adaro Energy Indonesia Tbk PT		4,744,900		719,455
Amman Mineral Internasional PT^(a)		1,782,500		850,334
Aneka Tambang Tbk		2,212,100		217,036
Astra International Tbk PT		6,728,900		2,180,435
Bank Central Asia Tbk PT		13,243,700		8,012,788
Bank Mandiri Persero Tbk PT		9,369,228		3,944,589
Bank Negara Indonesia Persero Tbk PT		6,032,976		2,194,890
Bank Rakyat Indonesia Persero Tbk PT		17,926,130		6,457,625
Barito Pacific Tbk PT		7,625,694		511,541


Security	Shares		Value

Indonesia (continued)
Charoen Pokphand Indonesia Tbk PT		2,451,745	$	695,858
GoTo Gojek Tokopedia Tbk PT^(a)		217,995,300		1,209,286
Indah Kiat Pulp & Paper Tbk PT		682,500		338,085
Indofood Sukses Makmur Tbk PT		2,621,700		1,059,320
Kalbe Farma Tbk PT		8,902,700		852,018
Merdeka Copper Gold Tbk PT^(a)		4,550,932		777,783
Semen Indonesia Persero Tbk PT		1,549,602		608,587
Sumber Alfaria Trijaya Tbk PT		5,994,000		1,005,999
Telkom Indonesia Persero Tbk PT		11,783,600		2,955,643
Unilever Indonesia Tbk PT		2,310,900		453,979
United Tractors Tbk PT		738,606		1,072,904


				36,118,155

Ireland — 0.2%
AIB Group PLC		194,648		854,976
Bank of Ireland Group PLC		212,536		1,954,477
CRH PLC		214,983		15,251,242
Flutter Entertainment PLC^(a)		45,958		9,433,160
Kerry Group PLC, Class A		54,753		4,880,354
Kingspan Group PLC		35,332		2,869,545
Smurfit Kappa Group PLC		88,650		3,303,523


				38,547,277

Israel — 0.2%
Azrieli Group Ltd.		10,219		688,583
Bank Hapoalim BM		363,470		3,092,370
Bank Leumi Le-Israel BM		380,251		2,888,069
Check Point Software Technologies Ltd.^(a)		26,388		4,193,845
CyberArk Software Ltd.^(a)(b)		12,525		2,924,337
Elbit Systems Ltd.		9,213		1,900,488
Global-e Online Ltd.^(a)(b)		25,796		974,315
ICL Group Ltd.		273,376		1,243,393
Isracard Ltd.		2		7
Israel Discount Bank Ltd., Class A		297,531		1,443,290
Mizrahi Tefahot Bank Ltd.		65,113		2,423,331
Monday.com Ltd.^(a)		7,777		1,633,481
Nice Ltd.^(a)		17,496		3,630,103
Teva Pharmaceutical Industries Ltd., ADR^(a)		305,809		3,700,289
Wix.com Ltd.^(a)		15,962		2,025,259


				32,761,160

Italy — 0.6%
Amplifon SpA		31,325		1,022,401
Assicurazioni Generali SpA		276,430		6,166,301
Banco BPM SpA		258,149		1,392,789
DiaSorin SpA		6,892		633,781
Enel SpA		2,117,468		14,448,280
Eni SpA		644,437		10,273,189
Ferrari NV		35,020		12,212,775
FinecoBank Banca Fineco SpA		146,167		2,107,489
Infrastrutture Wireless Italiane SpA^(c)		45,609		551,505
Intesa Sanpaolo SpA		4,248,130		13,089,736
Leonardo SpA^(b)		77,415		1,351,206
Mediobanca Banca di Credito Finanziario SpA		221,738		2,936,698
Moncler SpA		51,408		3,162,452
Nexi SpA^(a)(c)		138,663		1,063,609
Poste Italiane SpA^(c)		103,000		1,116,896
Prysmian SpA		95,153		4,187,668
Recordati Industria Chimica e Farmaceutica SpA		43,821		2,418,668
Snam SpA		634,082		3,096,821
Stellantis NV		554,206		12,207,298
Telecom Italia SpA/Milano^(a)(b)		3,175,713		957,183
Tenaris SA, NVS		152,769		2,412,877
Terna -Rete Elettrica Nazionale		513,350		4,328,592


Security	Shares		Value

Italy (continued)
UniCredit SpA		457,070	$	13,388,521


				114,526,735

Japan — 5.5%
Advantest Corp.		210,400		8,373,461
Aeon Co. Ltd.		172,700		4,127,042
AGC Inc.		58,300		2,192,560
Aisin Corp.		44,000		1,642,744
Ajinomoto Co. Inc.		126,100		5,178,286
ANA Holdings Inc.^(a)		37,000		817,632
Asahi Group Holdings Ltd.		124,400		4,623,692
Asahi Intecc Co. Ltd.		69,100		1,312,961
Asahi Kasei Corp.		377,200		2,860,512
Astellas Pharma Inc.		493,500		5,745,560
Azbil Corp.		31,600		1,021,144
Bandai Namco Holdings Inc.		161,300		3,492,554
BayCurrent Consulting Inc.		42,000		976,458
Bridgestone Corp.		161,400		6,993,895
Brother Industries Ltd.		63,700		1,067,139
Canon Inc.		264,600		7,288,969
Capcom Co. Ltd.		48,300		1,842,102
Central Japan Railway Co.		176,800		4,418,698
Chiba Bank Ltd. (The)		124,000		918,872
Chubu Electric Power Co. Inc.		180,700		2,344,164
Chugai Pharmaceutical Co. Ltd.		181,900		6,542,983
Concordia Financial Group Ltd.		293,000		1,396,275
Dai Nippon Printing Co. Ltd.		56,200		1,626,425
Daifuku Co. Ltd.		90,000		1,774,799
Dai-ichi Life Holdings Inc.		262,800		5,763,930
Daiichi Sankyo Co. Ltd.		513,100		15,361,718
Daikin Industries Ltd.		74,000		11,857,182
Daito Trust Construction Co. Ltd.		17,400		1,979,259
Daiwa House Industry Co. Ltd.		150,100		4,641,384
Daiwa House REIT Investment Corp.		631		1,114,914
Daiwa Securities Group Inc.		396,200		2,839,511
Denso Corp.		517,200		8,124,203
Dentsu Group Inc.		55,700		1,478,349
Disco Corp.		25,300		6,826,926
East Japan Railway Co.		84,400		4,827,057
Eisai Co. Ltd.		70,300		3,310,331
ENEOS Holdings Inc.		842,980		3,404,419
FANUC Corp.		254,100		7,029,006
Fast Retailing Co. Ltd.		48,600		12,975,071
Fuji Electric Co. Ltd.		40,700		2,038,256
FUJIFILM Holdings Corp.		98,800		6,262,428
Fujitsu Ltd.		48,700		6,740,774
GLP J-REIT		1,153		1,029,437
Hamamatsu Photonics KK		33,300		1,315,513
Hankyu Hanshin Holdings Inc.		70,300		2,150,865
Hikari Tsushin Inc.		6,500		1,132,624
Hirose Electric Co. Ltd.		9,200		1,070,446
Hitachi Construction Machinery Co. Ltd.		31,000		879,544
Hitachi Ltd.		251,800		19,778,978
Honda Motor Co. Ltd.		1,269,300		14,188,311
Hoshizaki Corp.		30,300		1,102,355
Hoya Corp.		96,800		12,296,414
Hulic Co. Ltd.		124,800		1,378,084
Ibiden Co. Ltd.^(b)		30,900		1,554,886
Idemitsu Kosan Co. Ltd.		265,900		1,476,537
Iida Group Holdings Co. Ltd.		36,200		546,509
Inpex Corp.		266,600		3,623,749
Isuzu Motors Ltd.		173,100		2,361,939
ITOCHU Corp.		310,900		14,109,917


Security	Shares		Value

Japan (continued)
Japan Airlines Co. Ltd.		42,000	$	807,062
Japan Exchange Group Inc.		140,100		3,100,651
Japan Metropolitan Fund Invest		1,920		1,303,379
Japan Post Bank Co. Ltd.		403,700		4,198,418
Japan Post Holdings Co. Ltd.		570,300		5,459,300
Japan Post Insurance Co. Ltd.		50,200		939,838
Japan Real Estate Investment Corp.		361		1,383,908
Japan Tobacco Inc.		324,200		8,545,064
JFE Holdings Inc.		135,900		2,145,700
JSR Corp.		48,700		1,328,276
Kajima Corp.		124,100		2,214,795
Kansai Electric Power Co. Inc. (The)		212,500		2,898,954
Kao Corp.		129,600		5,127,956
Kawasaki Kisen Kaisha Ltd.		37,900		1,846,631
KDDI Corp.		403,200		13,360,046
KDX Realty Investment Corp.		1,139		1,235,521
Keisei Electric Railway Co. Ltd.		35,500		1,606,370
Keyence Corp.		53,400		23,891,047
Kikkoman Corp.		41,300		2,541,116
Kintetsu Group Holdings Co. Ltd.		55,300		1,706,417
Kirin Holdings Co. Ltd.		223,100		3,206,830
Kobe Bussan Co. Ltd.		45,000		1,149,872
Koei Tecmo Holdings Co. Ltd.		32,800		408,562
Koito Manufacturing Co. Ltd.		62,800		961,423
Komatsu Ltd.		238,300		6,779,623
Konami Group Corp.		28,100		1,728,099
Kose Corp.		9,700		634,600
Kubota Corp.		284,500		4,306,609
Kyocera Corp.		350,300		5,128,417
Kyowa Kirin Co. Ltd.		80,900		1,274,334
Lasertec Corp.		21,000		5,469,009
LY Corp.		761,100		2,367,807
M3 Inc.		122,900		1,939,362
Makita Corp.		62,900		1,692,953
Marubeni Corp.		393,300		6,708,386
MatsukiyoCocokara & Co.		90,300		1,641,362
Mazda Motor Corp.		155,200		1,881,559
McDonald’s Holdings Co. Japan Ltd.		24,100		1,073,040
MEIJI Holdings Co. Ltd.		73,200		1,770,313
MINEBEA MITSUMI Inc.		110,700		2,288,192
MISUMI Group Inc.		92,400		1,584,188
Mitsubishi Chemical Group Corp.		330,300		1,991,623
Mitsubishi Corp.		930,300		16,033,667
Mitsubishi Electric Corp.		541,100		8,030,086
Mitsubishi Estate Co. Ltd.		289,200		4,007,130
Mitsubishi HC Capital Inc.		148,600		1,053,640
Mitsubishi Heavy Industries Ltd.		92,200		6,150,060
Mitsubishi UFJ Financial Group Inc.		3,136,200		29,375,363
Mitsui & Co. Ltd.		355,500		14,418,094
Mitsui Chemicals Inc.		45,000		1,324,362
Mitsui Fudosan Co. Ltd.		223,500		5,610,692
Mitsui OSK Lines Ltd.		94,500		3,394,484
Mizuho Financial Group Inc.		633,190		11,499,718
MonotaRO Co. Ltd.		88,700		835,396
MS&AD Insurance Group Holdings Inc.		121,900		5,033,828
Murata Manufacturing Co. Ltd.		453,700		9,161,166
NEC Corp.		67,400		4,404,233
Nexon Co. Ltd.		94,000		1,500,148
Nidec Corp.		115,000		4,289,134
Nintendo Co. Ltd.		275,800		15,409,191
Nippon Building Fund Inc.		420		1,699,366
Nippon Express Holdings Inc.		16,900		1,005,910


Security	Shares		Value

Japan (continued)
Nippon Paint Holdings Co. Ltd.		274,100	$	2,158,900
Nippon Prologis REIT Inc.		382		679,655
Nippon Sanso Holdings Corp.		55,200		1,398,730
Nippon Steel Corp.		229,234		5,516,438
Nippon Telegraph & Telephone Corp.		7,829,400		9,831,801
Nippon Yusen KK		135,000		4,652,216
Nissan Chemical Corp.		39,700		1,583,347
Nissan Motor Co. Ltd.		610,200		2,395,538
Nissin Foods Holdings Co. Ltd.		51,000		1,649,920
Nitori Holdings Co. Ltd.		22,700		2,971,015
Nitto Denko Corp.		38,300		3,177,285
Nomura Holdings Inc.		850,700		4,581,994
Nomura Real Estate Holdings Inc.		26,300		719,718
Nomura Real Estate Master Fund Inc.		1,240		1,356,889
Nomura Research Institute Ltd.		106,100		3,244,912
NTT Data Group Corp.		173,300		2,496,148
Obayashi Corp.		190,500		1,763,370
Obic Co. Ltd.		20,600		3,164,357
Odakyu Electric Railway Co. Ltd.		91,200		1,393,581
Oji Holdings Corp.		194,000		758,507
Olympus Corp.		329,900		4,883,728
Omron Corp.		48,100		2,162,829
Ono Pharmaceutical Co. Ltd.		114,500		2,063,763
Open House Group Co. Ltd.		28,800		900,637
Oracle Corp. Japan		13,500		1,063,923
Oriental Land Co. Ltd./Japan		299,800		11,134,593
ORIX Corp.		322,200		6,221,445
Osaka Gas Co. Ltd.		103,000		2,168,856
Otsuka Corp.		30,800		1,295,995
Otsuka Holdings Co. Ltd.		107,200		4,213,852
Pan Pacific International Holdings Corp.		104,600		2,261,084
Panasonic Holdings Corp.		592,900		5,584,393
Rakuten Group Inc.^(a)		418,900		1,840,126
Recruit Holdings Co. Ltd.		398,500		15,740,238
Renesas Electronics Corp.^(a)		416,400		6,832,115
Resona Holdings Inc.		581,500		3,210,031
Ricoh Co. Ltd.		150,700		1,184,501
Rohm Co. Ltd.		99,200		1,712,116
SBI Holdings Inc.		68,330		1,678,571
SCSK Corp.		53,300		1,046,525
Secom Co. Ltd.		56,800		4,122,563
Seiko Epson Corp.		85,400		1,246,619
Sekisui Chemical Co. Ltd.		105,600		1,507,708
Sekisui House Ltd.		161,800		3,652,505
Seven & i Holdings Co. Ltd.		198,700		7,847,620
SG Holdings Co. Ltd.		96,900		1,254,865
Sharp Corp./Japan^(a)		53,700		361,095
Shimadzu Corp.		65,100		1,800,143
Shimano Inc.		21,300		3,058,154
Shimizu Corp.		141,500		947,219
Shin-Etsu Chemical Co. Ltd.		495,400		19,500,024
Shionogi & Co. Ltd.		71,800		3,446,142
Shiseido Co. Ltd.		107,600		2,999,531
Shizuoka Financial Group Inc., NVS		127,400		1,164,436
SMC Corp.		15,800		8,794,983
SoftBank Corp.		761,100		10,111,855
SoftBank Group Corp.		277,600		11,984,159
Sompo Holdings Inc.		85,200		4,417,743
Sony Group Corp.		346,500		33,980,669
Square Enix Holdings Co. Ltd.		24,500		957,368
Subaru Corp.		162,600		3,243,757
SUMCO Corp.		102,000		1,546,363


Security	Shares		Value

Japan (continued)
Sumitomo Chemical Co. Ltd.		373,700	$	879,907
Sumitomo Corp.		286,400		6,586,580
Sumitomo Electric Industries Ltd.		202,600		2,692,878
Sumitomo Metal Mining Co. Ltd.		71,400		1,973,401
Sumitomo Mitsui Financial Group Inc.		351,000		18,256,685
Sumitomo Mitsui Trust Holdings Inc.		182,116		3,732,150
Sumitomo Realty & Development Co. Ltd.		80,300		2,525,365
Suntory Beverage & Food Ltd.		41,700		1,360,453
Suzuki Motor Corp.		99,600		4,473,898
Sysmex Corp.		49,700		2,692,363
T&D Holdings Inc.		148,900		2,465,597
Taisei Corp.		53,000		1,932,305
Takeda Pharmaceutical Co. Ltd.		434,634		12,774,101
TDK Corp.		102,800		5,114,795
Terumo Corp.		182,300		6,171,211
TIS Inc.		63,100		1,403,460
Tobu Railway Co. Ltd.		51,900		1,374,481
Toho Co. Ltd./Tokyo		35,500		1,156,403
Tokio Marine Holdings Inc.		486,500		12,827,751
Tokyo Electric Power Co. Holdings Inc.^(a)		434,200		2,311,747
Tokyo Electron Ltd.		129,300		23,994,514
Tokyo Gas Co. Ltd.		109,300		2,510,825
Tokyu Corp.		156,000		1,830,548
TOPPAN Holdings Inc.		73,200		2,017,717
Toray Industries Inc.		398,400		1,990,577
Tosoh Corp.		64,600		832,994
TOTO Ltd.		37,700		1,020,361
Toyota Industries Corp.		38,900		3,290,127
Toyota Motor Corp.		2,893,100		57,768,885
Toyota Tsusho Corp.		56,400		3,695,972
Trend Micro Inc./Japan^(a)		39,500		2,259,770
Unicharm Corp.		111,900		3,850,296
USS Co. Ltd.		66,100		1,250,044
West Japan Railway Co.		62,100		2,586,435
Yakult Honsha Co. Ltd.		75,600		1,651,224
Yamaha Corp.		40,500		890,618
Yamaha Motor Co. Ltd.		273,900		2,588,833
Yamato Holdings Co. Ltd.		77,700		1,343,155
Yaskawa Electric Corp.		67,000		2,524,982
Yokogawa Electric Corp.		75,900		1,491,488
Zensho Holdings Co. Ltd.		24,800		1,214,424
ZOZO Inc.		39,200		858,343


				1,025,818,859

Kazakhstan — 0.0%
Polymetal International PLC^(a)(d)		71,803		8


Kuwait — 0.1%
Agility Public Warehousing Co. KSC^(a)		554,585		1,043,558
Boubyan Bank KSCP		1,020,887		2,034,762
Kuwait Finance House KSCP		1,758,565		4,407,850
Mabanee Co. KPSC		379,518		950,338
Mobile Telecommunications Co. KSCP		1,058,225		1,808,594
National Bank of Kuwait SAKP		1,684,207		5,362,554


				15,607,656

Malaysia — 0.1%
Axiata Group Bhd		352,300		202,982
CELCOMDIGI Bhd		1,096,683		982,482
CIMB Group Holdings Bhd		1,713,900		2,257,452
Dialog Group Bhd		1,668,300		645,195
Genting Bhd		1,170,700		1,166,264
Genting Malaysia Bhd		423,900		241,531
Hong Leong Bank Bhd		271,100		1,100,235


Security	Shares		Value

Malaysia (continued)
IHH Healthcare Bhd		1,296,400	$	1,672,614
Kuala Lumpur Kepong Bhd^(b)		81,700		383,139
Malayan Banking Bhd		990,600		1,937,611
Malaysia Airports Holdings Bhd		482,100		783,939
Maxis Bhd		1,175,200		944,135
MISC Bhd		373,300		579,446
MR DIY Group M Bhd^(c)		438,200		127,847
Petronas Chemicals Group Bhd		680,100		972,075
Petronas Gas Bhd		454,700		1,705,365
PPB Group Bhd		171,400		523,984
Press Metal Aluminium Holdings Bhd		1,435,000		1,436,207
Public Bank Bhd		3,739,150		3,466,255
Sime Darby Plantation Bhd		342,100		319,020
Telekom Malaysia Bhd		412,400		515,409
Tenaga Nasional Bhd		650,800		1,474,963


				23,438,150

Mexico — 0.3%
America Movil SAB de CV		5,131,610		4,636,234
Arca Continental SAB de CV		123,200		1,399,820
Banco del Bajio SA^(c)		184,800		703,059
Cemex SAB de CV, NVS^(a)		4,244,354		3,526,379
Coca-Cola Femsa SAB de CV		124,900		1,189,095
Fibra Uno Administracion SA de CV		674,500		1,146,668
Fomento Economico Mexicano SAB de CV		574,500		7,791,624
Gruma SAB de CV, Class B		43,125		807,302
Grupo Aeroportuario del Centro Norte SAB de CV, Class B		76,200		697,605
Grupo Aeroportuario del Pacifico SAB de CV, Class B		101,900		1,586,387
Grupo Aeroportuario del Sureste SAB de CV, Class B		45,435		1,324,469
Grupo Bimbo SAB de CV, Series A		369,400		1,685,227
Grupo Carso SAB de CV, Series A1		196,200		1,839,400
Grupo Financiero Banorte SAB de CV, Class O		748,200		7,610,022
Grupo Financiero Inbursa SAB de CV, Class O^(a)		615,700		1,819,036
Grupo Mexico SAB de CV, Series B		996,828		5,143,555
Industrias Penoles SAB de CV^(a)(b)		45,395		596,967
Kimberly-Clark de Mexico SAB de CV, Class A		306,900		699,692
Orbia Advance Corp. SAB de CV		604,923		1,206,226
Prologis Property Mexico SA de CV		136,922		564,267
Wal-Mart de Mexico SAB de CV		1,445,500		5,972,141


				51,945,175

Netherlands — 1.2%
ABN AMRO Bank NV, CVA^(c)		125,802		1,851,476
Adyen NV^(a)(c)		6,115		7,669,351
Aegon Ltd.		534,105		3,150,919
AerCap Holdings NV^(a)		52,414		4,012,816
Akzo Nobel NV		49,934		3,835,554
ASM International NV		13,345		7,396,247
ASML Holding NV		110,234		95,637,682
ASR Nederland NV		40,025		1,886,238
BE Semiconductor Industries NV		20,009		3,006,918
CNH Industrial NV		305,739		3,668,868
Davide Campari-Milano NV		195,408		1,979,724
EXOR NV, NVS		27,623		2,672,594
Ferrovial SE		154,696		5,899,367
Heineken Holding NV		38,158		3,201,747
Heineken NV		79,342		7,981,449
IMCD NV		14,902		2,274,652
ING Groep NV		982,871		13,965,088
Koninklijke Ahold Delhaize NV		267,444		7,521,368


Security	Shares		Value

Netherlands (continued)
Koninklijke KPN NV		806,969	$	2,745,099
Koninklijke Philips NV^(a)		254,279		5,379,414
NEPI Rockcastle NV		91,015		612,908
NN Group NV		70,041		2,870,857
OCI NV		25,502		728,439
Prosus NV		419,152		12,470,475
Qiagen NV, NVS		61,752		2,679,222
Randstad NV		25,597		1,455,451
Universal Music Group NV		224,146		6,607,314
Wolters Kluwer NV		71,467		10,535,453


				223,696,690

New Zealand — 0.0%
Auckland International Airport Ltd.		505,515		2,606,381
EBOS Group Ltd.		33,229		760,954
Fisher & Paykel Healthcare Corp. Ltd.		175,506		2,534,840
Meridian Energy Ltd.		269,486		912,962
Spark New Zealand Ltd.		749,019		2,433,408


				9,248,545

Norway — 0.2%
Adevinta ASA^(a)		98,508		1,058,395
Aker BP ASA		98,215		2,606,781
DNB Bank ASA		259,518		5,044,955
Equinor ASA		243,514		6,968,661
Gjensidige Forsikring ASA		33,914		545,489
Kongsberg Gruppen ASA		25,662		1,307,821
Mowi ASA		107,419		1,933,577
Norsk Hydro ASA		410,765		2,407,289
Orkla ASA		240,060		1,880,420
Salmar ASA		17,474		969,989
Telenor ASA		191,619		2,126,215
Yara International ASA		51,930		1,716,424


				28,566,016

Peru — 0.0%
Cia. de Minas Buenaventura SAA, ADR		82,453		1,250,812
Credicorp Ltd.		18,786		2,788,406
Southern Copper Corp.		22,859		1,876,724


				5,915,942

Philippines — 0.1%
Aboitiz Equity Ventures Inc.		865,620		745,136
Ayala Corp.		51,850		624,749
Ayala Land Inc.		2,541,300		1,535,722
Bank of the Philippine Islands		792,428		1,552,820
BDO Unibank Inc.		1,145,156		2,947,961
JG Summit Holdings Inc.		576,359		392,123
Jollibee Foods Corp.		262,300		1,183,483
Metropolitan Bank & Trust Co.		530,980		537,852
PLDT Inc.		16,515		373,472
SM Investments Corp.		70,920		1,132,216
SM Prime Holdings Inc.		4,227,925		2,572,279


				13,597,813

Poland — 0.1%
Allegro.eu SA ^(a)(c)		122,096		921,715
Bank Polska Kasa Opieki SA		61,593		2,369,242
CD Projekt SA		16,970		442,965
Cyfrowy Polsat SA^(a)(b)		211,671		572,985
Dino Polska SA^(a)(b)(c)		14,477		1,562,468
KGHM Polska Miedz SA		54,855		1,528,295
LPP SA		303		1,178,205
ORLEN SA		149,804		2,335,808
Powszechna Kasa Oszczednosci Bank Polski SA		292,812		3,715,207
Powszechny Zaklad Ubezpieczen SA		170,708		2,055,352


Security	Shares		Value

Poland (continued)
Santander Bank Polska SA		9,761	$	1,182,235


				17,864,477

Portugal — 0.0%
Banco Espirito Santo SA, Registered,NVS^(d)(e)		3		—
EDP - Energias de Portugal SA		872,584		3,892,106
Galp Energia SGPS SA		131,096		2,063,679
Jeronimo Martins SGPS SA		85,065		1,934,661


				7,890,446

Qatar — 0.1%
Commercial Bank PSQC (The)		900,003		1,294,863
Industries Qatar QSC		423,320		1,390,320
Masraf Al Rayan QSC		1,521,744		980,277
Mesaieed Petrochemical Holding Co.		1,233,545		568,469
Ooredoo QPSC		623,495		1,830,036
Qatar Islamic Bank SAQ		490,464		2,623,522
Qatar National Bank QPSC		1,207,001		5,127,607


				13,815,094

Russia — 0.0%
Alrosa PJSC^(d)		472,000		53
Gazprom PJSC^(a)(d)		3,457,370		384
Inter RAO UES PJSC^(d)		11,798,500		1,311
LUKOIL PJSC^(d)		127,513		14
MMC Norilsk Nickel PJSC^(d)		19,665		2
Mobile TeleSystems PJSC^(d)		482,206		54
Moscow Exchange MICEX-RTS PJSC^(d)		490,370		55
Novatek PJSC^(d)		290,740		32
Novolipetsk Steel PJSC^(a)(d)		316,690		35
PhosAgro PJSC^(d)		26,470		3
PhosAgro PJSC, New^(d)		511		5
Polyus PJSC^(a)(d)		9,781		1
Rosneft Oil Co. PJSC^(d)		352,530		39
Sberbank of Russia PJSC^(d)		2,557,600		284
Severstal PAO^(a)(d)		47,814		5
Surgutneftegas PJSC^(d)		2,443,710		272
Tatneft PJSC^(d)		397,511		44
TCS Group Holding PLC, GDR^(a)(d)		35,279		4
X5 Retail Group NV, GDR^(a)(d)		24,002		3
Yandex NV^(a)(d)		90,278		10


				2,610

Saudi Arabia — 0.4%
ACWA Power Co.		23,309		1,488,402
Al Rajhi Bank		530,229		11,836,254
Alinma Bank		374,215		4,121,703
Almarai Co. JSC		117,232		1,785,005
Arab National Bank		165,045		1,097,443
Bank AlBilad		126,339		1,497,846
Bank Al-Jazira^(a)		322,003		1,730,072
Banque Saudi Fransi		242,476		2,578,787
Bupa Arabia for Cooperative Insurance Co.		20,459		1,126,457
Dar Al Arkan Real Estate Development Co.^(a)		168,874		583,659
Dr Sulaiman Al Habib Medical Services Group Co.		23,514		1,817,684
Elm Co.		5,769		1,384,812
Etihad Etisalat Co.		113,443		1,576,059
Mouwasat Medical Services Co.		20,263		640,373
Rabigh Refining & Petrochemical Co.^(a)		115,993		282,139
Reinet Investments SCA		31,273		783,792
Riyad Bank		487,340		3,678,112
SABIC Agri-Nutrients Co.		73,981		2,522,440
Sahara International Petrochemical Co.		101,323		848,376
Saudi Arabian Mining Co.^(a)		408,537		5,041,561
Saudi Arabian Oil Co.^(c)		723,525		5,893,900


Security	Shares		Value

Saudi Arabia (continued)
Saudi Awwal Bank		271,338	$	2,592,189
Saudi Basic Industries Corp.		253,048		5,245,582
Saudi Electricity Co.		469,977		2,371,469
Saudi Industrial Investment Group		77,468		418,615
Saudi Investment Bank (The)		96,638		401,277
Saudi Kayan Petrochemical Co.^(a)		195,819		478,344
Saudi National Bank (The)		864,920		9,340,728
Saudi Research & Media Group^(a)		7,220		399,197
Saudi Tadawul Group Holding Co.		12,844		707,310
Saudi Telecom Co.		494,734		5,383,499
Savola Group (The)		66,245		794,035
Yanbu National Petrochemical Co.		64,223		656,868


				81,103,989

Singapore — 0.3%
CapitaLand Ascendas REIT		1,426,879		3,092,371
CapitaLand Integrated Commercial Trust		2,086,732		3,110,830
CapitaLand Investment Ltd./Singapore^(b)		927,900		2,037,007
City Developments Ltd.^(b)		111,500		506,075
DBS Group Holdings Ltd.		490,600		11,620,000
Genting Singapore Ltd.		2,646,900		1,987,833
Grab Holdings Ltd., Class A^(a)		455,600		1,398,692
Jardine Cycle & Carriage Ltd.		30,000		578,881
Keppel Ltd.		520,300		2,764,750
Mapletree Logistics Trust		686,945		789,901
Mapletree Pan Asia Commercial Trust		546,400		591,704
Oversea-Chinese Banking Corp. Ltd.		884,700		8,462,482
Sea Ltd., ADR^(a)		104,785		3,996,500
Seatrium Ltd.^(a)(b)		11,383,430		844,801
Sembcorp Industries Ltd.		278,400		1,171,643
Singapore Airlines Ltd.		338,900		1,682,056
Singapore Exchange Ltd.		95,300		665,445
Singapore Technologies Engineering Ltd.		440,300		1,220,044
Singapore Telecommunications Ltd.		1,888,400		3,369,930
United Overseas Bank Ltd.		334,500		7,050,772
UOL Group Ltd.		86,200		400,276
Wilmar International Ltd.		425,000		1,040,692


				58,382,685

South Africa — 0.3%
Absa Group Ltd.		185,233		1,617,365
Anglo American Platinum Ltd.		15,298		647,661
Aspen Pharmacare Holdings Ltd.		105,329		1,091,855
Bid Corp. Ltd.		130,225		3,158,717
Bidvest Group Ltd. (The)		85,142		1,122,478
Capitec Bank Holdings Ltd.		24,906		2,652,664
Clicks Group Ltd.		54,661		878,605
Discovery Ltd.		94,243		697,315
Exxaro Resources Ltd.		51,288		510,963
FirstRand Ltd.		1,380,946		5,001,400
Gold Fields Ltd.		261,991		3,865,747
Harmony Gold Mining Co. Ltd.		133,997		837,581
Impala Platinum Holdings Ltd.		230,763		895,742
Kumba Iron Ore Ltd.		15,618		461,312
MTN Group Ltd.		489,229		2,496,512
Naspers Ltd., Class N		54,492		9,130,965
Nedbank Group Ltd.		158,159		1,837,339
Northam Platinum Holdings Ltd.		109,987		740,962
Old Mutual Ltd.		1,493,456		993,866
Remgro Ltd.		71,193		599,660
Sanlam Ltd.		803,552		3,065,708
Sasol Ltd.		163,853		1,423,179
Shoprite Holdings Ltd.		121,530		1,762,274


Security	Shares		Value

South Africa (continued)
Sibanye Stillwater Ltd.		636,895	$	767,547
Standard Bank Group Ltd.		359,854		3,839,083
Vodacom Group Ltd.		119,982		598,292
Woolworths Holdings Ltd./South Africa		394,101		1,460,210


				52,155,002

South Korea — 1.2%
Amorepacific Corp.^(a)		10,418		918,970
Celltrion Inc.		41,862		5,617,486
CJ CheilJedang Corp.		3,900		851,644
CosmoAM&T Co. Ltd.^(a)		6,522		644,738
Coway Co. Ltd.^(a)		18,395		763,019
DB Insurance Co. Ltd.^(a)		8,850		583,797
Doosan Bobcat Inc.		16,048		611,172
Doosan Enerbility Co. Ltd.^(a)		116,986		1,351,417
Ecopro BM Co. Ltd.^(a)		13,429		2,131,609
Ecopro Co. Ltd.^(a)		5,425		2,023,561
Hana Financial Group Inc.		92,774		3,317,360
Hankook Tire & Technology Co. Ltd.^(a)		31,868		1,219,719
Hanmi Pharm Co. Ltd.^(a)		3,034		736,099
Hanmi Semiconductor Co. Ltd.^(a)		11,950		521,136
Hanwha Aerospace Co. Ltd.^(a)		9,930		1,025,504
Hanwha Ocean Co. Ltd.^(a)		15,622		256,728
Hanwha Solutions Corp.^(a)		29,255		726,770
HD Hyundai Co. Ltd.		11,874		632,880
HD Hyundai Heavy Industries Co. Ltd.^(a)		5,390		459,259
HD Korea Shipbuilding & Offshore Engineering Co. Ltd.^(a)		14,162		1,201,597
HLB Inc.^(a)		38,445		1,939,110
HMM Co. Ltd.^(a)		75,792		1,089,312
Hotel Shilla Co. Ltd.		7,699		335,353
HYBE Co. Ltd.^(a)		4,698		708,332
Hyundai Engineering & Construction Co. Ltd.^(a)		16,025		414,741
Hyundai Glovis Co. Ltd.^(a)		7,623		998,175
Hyundai Mipo Dockyard Co. Ltd.^(a)		6,445		324,877
Hyundai Mobis Co. Ltd.		18,166		2,847,584
Hyundai Motor Co.		44,865		6,525,625
Hyundai Steel Co.^(a)		37,049		927,765
JYP Entertainment Corp.^(a)		7,360		414,217
Kakao Corp.^(a)		94,110		3,680,243
KakaoBank Corp.^(a)		43,220		878,454
Kangwon Land Inc.^(a)		26,358		295,726
KB Financial Group Inc.		100,584		4,268,556
Kia Corp.^(a)		70,666		5,427,930
Korea Aerospace Industries Ltd.^(a)		29,765		1,121,451
Korea Electric Power Corp.^(a)		74,027		1,097,740
Korea Zinc Co. Ltd.		3,607		1,277,815
Korean Air Lines Co. Ltd.^(a)		36,118		607,249
Krafton Inc.^(a)		7,591		1,217,266
KT Corp.^(a)		8,741		231,532
KT&G Corp.		32,859		2,231,595
Kum Yang Co. Ltd.^(a)		8,754		511,411
Kumho Petrochemical Co. Ltd.^(a)		4,449		414,861
L&F Co. Ltd.^(a)		7,140		761,276
LG Chem Ltd.		14,766		4,788,390
LG Corp.^(a)		27,859		1,710,640
LG Display Co. Ltd.^(a)		83,249		723,442
LG Electronics Inc.		31,534		2,198,055
LG Energy Solution Ltd.^(a)		12,866		3,651,894
LG H&H Co. Ltd.		2,967		672,471
LG Innotek Co. Ltd.		4,287		611,438
LG Uplus Corp.		31,770		243,240
Lotte Chemical Corp.^(a)		7,152		699,578


Security	Shares		Value

South Korea (continued)
Meritz Financial Group Inc.^(a)		26,284	$	1,349,423
Mirae Asset Securities Co. Ltd.^(a)		66,099		388,643
NAVER Corp.^(a)		35,193		5,248,052
NCSoft Corp.^(a)		4,588		677,142
Netmarble Corp.^(a)(c)		7,710		336,082
Orion Corp./Republic of Korea		11,194		774,232
Pearl Abyss Corp.^(a)		9,872		241,073
Posco DX Co. Ltd.^(a)		14,512		618,452
POSCO Future M Co. Ltd.^(a)		8,747		1,647,627
POSCO Holdings Inc.		19,113		6,064,177
Posco International Corp.^(a)		14,038		551,030
Samsung Biologics Co. Ltd.^(a)(c)		5,315		3,345,645
Samsung C&T Corp.		26,762		2,764,633
Samsung Electro-Mechanics Co. Ltd.		13,906		1,446,237
Samsung Electronics Co. Ltd.		1,292,702		70,241,328
Samsung Engineering Co. Ltd.^(a)		41,262		688,229
Samsung Fire & Marine Insurance Co. Ltd.^(a)		11,146		2,205,566
Samsung Heavy Industries Co. Ltd.^(a)		224,945		1,225,974
Samsung Life Insurance Co. Ltd.		16,022		832,592
Samsung SDI Co. Ltd.		15,408		4,276,084
Samsung SDS Co. Ltd.		7,375		838,689
Samsung Securities Co. Ltd.		4,334		121,821
Shinhan Financial Group Co. Ltd.		104,370		3,197,903
SK Biopharmaceuticals Co. Ltd.^(a)		12,444		864,337
SK Bioscience Co. Ltd.^(a)		6,601		313,709
SK Hynix Inc.		146,897		14,710,360
SK IE Technology Co. Ltd.^(a)(c)		7,817		433,273
SK Inc.		9,620		1,318,696
SK Innovation Co. Ltd.^(a)		16,628		1,449,025
SK Square Co. Ltd.^(a)		20,824		808,975
SK Telecom Co. Ltd.		14,960		562,476
SKC Co. Ltd.^(a)		6,357		364,465
S-Oil Corp.		11,194		569,106
Woori Financial Group Inc.		165,965		1,720,784
Yuhan Corp.^(a)		13,475		595,585


				214,233,234

Spain — 0.6%
Acciona SA		5,077		656,734
ACS Actividades de Construccion y Servicios SA		69,588		2,745,977
Aena SME SA^(c)		17,513		3,098,175
Amadeus IT Group SA		121,277		8,499,137
Banco Bilbao Vizcaya Argentaria SA		1,671,203		15,641,518
Banco Santander SA		4,413,529		17,738,234
CaixaBank SA		1,135,087		4,840,000
Cellnex Telecom SA^(c)		151,473		5,828,282
EDP Renovaveis SA		78,056		1,263,979
Enagas SA		14,013		228,128
Endesa SA		88,166		1,746,741
Grifols SA^(a)(b)		89,664		976,687
Iberdrola SA		1,646,522		19,825,699
Iberdrola SA, NVS		29,238		352,055
Industria de Diseno Textil SA		287,083		12,274,913
Naturgy Energy Group SA		47,992		1,292,317
Redeia Corp. SA		116,669		1,941,386
Repsol SA		354,227		5,231,324
Telefonica SA		1,400,732		5,699,345


				109,880,631

Sweden — 0.7%
Alfa Laval AB		85,253		3,128,172
Assa Abloy AB, Class B		274,354		7,524,355
Atlas Copco AB, Class A		772,638		12,330,849


Security	Shares		Value

Sweden (continued)
Atlas Copco AB, Class B		380,298	$	5,266,348
Beijer Ref AB, Class B		124,113		1,689,797
Boliden AB		81,231		2,156,087
Epiroc AB		180,997		3,197,991
EQT AB		90,239		2,423,111
Essity AB, Class B		161,544		3,793,585
Evolution AB^(c)		50,877		5,940,581
Fastighets AB Balder, Class B^(a)		191,158		1,268,771
Getinge AB, Class B		62,515		1,336,391
H & M Hennes & Mauritz AB, Class B		177,833		2,509,000
Hexagon AB, Class B		586,530		6,401,146
Holmen AB, Class B		24,672		972,306
Husqvarna AB, Class B		103,301		803,569
Industrivarden AB, Class A		16,672		524,868
Industrivarden AB, Class C		58,484		1,838,098
Indutrade AB		73,556		1,786,975
Investment AB Latour, Class B		39,962		1,005,068
Investor AB, Class B		491,525		11,572,841
L E Lundbergforetagen AB, Class B		17,171		895,310
Lifco AB, Class B		87,196		2,103,769
Nibe Industrier AB, Class B		421,365		2,517,732
Saab AB, Class B		23,098		1,487,302
Sagax AB, Class B		45,507		1,105,880
Sandvik AB		293,191		6,161,668
Securitas AB, Class B		122,768		1,192,575
Skandinaviska Enskilda Banken AB, Class A		428,216		6,081,582
Skanska AB, Class B		88,627		1,536,757
SKF AB, Class B		101,539		2,000,838
Svenska Cellulosa AB SCA, Class B		187,678		2,555,033
Svenska Handelsbanken AB, Class A		400,599		4,318,590
Swedbank AB, Class A		238,388		4,857,865
Swedish Orphan Biovitrum AB^(a)		49,309		1,384,011
Tele2 AB, Class B		129,607		1,105,033
Telefonaktiebolaget LM Ericsson, Class B		790,437		4,381,768
Telia Co. AB		703,469		1,814,368
Volvo AB, Class B		426,075		10,211,024
Volvo Car AB, Class B^(a)(b)		160,441		418,270


				133,599,284

Switzerland — 2.5%
ABB Ltd., Registered		441,643		18,686,711
Adecco Group AG, Registered		46,126		1,994,629
Alcon Inc.		134,145		10,097,764
Avolta AG, Registered^(a)		24,763		946,066
Bachem Holding AG, Class B		8,562		573,172
Baloise Holding AG, Registered		11,869		1,895,967
Banque Cantonale Vaudoise, Registered		8,978		1,149,511
Barry Callebaut AG, Registered		707		1,032,649
BKW AG		5,568		884,579
Bunge Global SA		39,918		3,516,377
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates, NVS		424		5,388,594
Chocoladefabriken Lindt & Spruengli AG, Registered		30		3,802,769
Cie. Financiere Richemont SA, Class A, Registered		139,960		20,788,895
Clariant AG, Registered		65,002		832,135
Coca-Cola HBC AG, Class DI		66,627		1,958,617
DSM-Firmenich AG		49,555		5,239,476
EMS-Chemie Holding AG, Registered		1,756		1,325,630
Geberit AG, Registered		10,041		5,779,880
Givaudan SA, Registered		2,518		10,471,195
Helvetia Holding AG, Registered		9,221		1,331,701


Security	Shares		Value

Switzerland (continued)
Holcim AG		140,552	$	10,735,196
Julius Baer Group Ltd.		64,328		3,502,106
Kuehne + Nagel International AG, Registered		15,344		5,199,769
Logitech International SA, Registered		46,321		3,883,241
Lonza Group AG, Registered		20,783		10,160,927
Nestle SA, Registered		728,292		82,989,257
Novartis AG, Registered		558,203		57,725,848
Partners Group Holding AG		6,258		8,443,137
Roche Holding AG, Bearer		8,447		2,558,828
Roche Holding AG, NVS		192,111		54,697,143
Sandoz Group AG^(a)		111,259		3,815,626

Schindler Holding AG, Participation Certificates, NVS		10,015		2,494,623
Schindler Holding AG, Registered		9,299		2,213,542
SGS SA		40,377		3,731,070
Siemens Energy AG^(a)(b)		142,414		2,115,840
SIG Group AG		79,347		1,660,907
Sika AG, Registered		41,659		11,500,293
Sonova Holding AG, Registered		14,339		4,582,694
STMicroelectronics NV		183,005		8,035,293
Straumann Holding AG		29,589		4,494,610
Swatch Group AG (The), Bearer		10,357		2,431,397
Swiss Life Holding AG, Registered		8,498		6,102,652
Swiss Prime Site AG, Registered		27,709		2,806,516
Swiss Re AG		80,169		9,179,385
Swisscom AG, Registered		7,172		4,290,890
Temenos AG, Registered		18,374		1,869,929
UBS Group AG, Registered		901,921		26,996,847
VAT Group AG^(c)		7,763		3,613,900
Zurich Insurance Group AG		40,084		20,366,260


				459,894,043

Taiwan — 1.7%
Accton Technology Corp.		166,000		2,792,544
Acer Inc.		808,000		1,186,623
Advantech Co. Ltd.		131,312		1,415,440
Airtac International Group		48,393		1,450,326
Alchip Technologies Ltd.		21,000		2,604,838
ASE Technology Holding Co. Ltd.		965,873		4,176,217
Asia Cement Corp.		754,000		956,160
Asustek Computer Inc.		206,000		2,925,058
AUO Corp.		1,830,400		1,069,685
Catcher Technology Co. Ltd.		155,000		963,130
Cathay Financial Holding Co. Ltd.		2,730,264		3,839,378
Chailease Holding Co. Ltd.		456,272		2,525,704
Chang Hwa Commercial Bank Ltd.		990,017		552,681
China Airlines Ltd.		815,000		529,367
China Development Financial Holding Corp.^(a)		4,513,000		1,732,618
China Steel Corp.		2,940,305		2,356,163
Chunghwa Telecom Co. Ltd.		1,003,140		3,802,814
Compal Electronics Inc.		898,000		1,029,877
CTBC Financial Holding Co. Ltd.		4,830,142		4,381,960
Delta Electronics Inc.		561,000		5,020,161
E Ink Holdings Inc.		265,000		1,757,402
E.Sun Financial Holding Co. Ltd.		4,599,240		3,630,131
Eclat Textile Co. Ltd.		65,000		1,134,462
eMemory Technology Inc.		21,000		1,872,979
Eva Airways Corp.		729,000		734,819
Evergreen Marine Corp. Taiwan Ltd.		302,000		1,448,562
Far EasTone Telecommunications Co. Ltd.		445,000		1,142,235
Feng TAY Enterprise Co. Ltd.		152,096		784,210
First Financial Holding Co. Ltd.		2,932,942		2,488,953
Formosa Chemicals & Fibre Corp.		1,042,000		1,881,194


Security	Shares		Value

Taiwan (continued)
Formosa Plastics Corp.		1,148,160	$	2,638,524
Fubon Financial Holding Co. Ltd.		2,457,439		5,051,386
Gigabyte Technology Co. Ltd.		134,000		1,326,008
Global Unichip Corp.		24,000		1,178,321
Globalwafers Co. Ltd.		71,000		1,311,698
Hon Hai Precision Industry Co. Ltd.		3,597,000		11,766,591
Hotai Motor Co. Ltd.		102,000		2,066,320
Hua Nan Financial Holdings Co. Ltd.		2,394,398		1,649,378
Innolux Corp.		2,554,317		1,328,450
Inventec Corp.		706,000		1,239,960
Largan Precision Co. Ltd.		32,000		2,537,110
Lite-On Technology Corp.		658,000		2,278,728
MediaTek Inc.		430,000		13,268,776
Mega Financial Holding Co. Ltd.		2,852,654		3,426,666
Micro-Star International Co. Ltd.		269,000		1,560,207
momo.com Inc.		32,560		451,965
Nan Ya Plastics Corp.		1,312,830		2,544,276
Nan Ya Printed Circuit Board Corp.		86,000		620,872
Nanya Technology Corp.		331,000		725,971
Novatek Microelectronics Corp.		175,000		2,850,697
Parade Technologies Ltd.		25,000		886,928
Pegatron Corp.		450,000		1,186,276
PharmaEssentia Corp.^(a)		74,000		743,028
Powerchip Semiconductor Manufacturing Corp.		873,000		750,629
President Chain Store Corp.		175,000		1,475,486
Quanta Computer Inc.		759,000		6,001,424
Realtek Semiconductor Corp.		153,000		2,289,705
Ruentex Development Co. Ltd.		588,600		670,488
Shanghai Commercial & Savings Bank Ltd. (The)		1,094,851		1,547,398
Silergy Corp.		100,000		1,230,674
SinoPac Financial Holdings Co. Ltd.		2,987,887		1,828,503
Taishin Financial Holding Co. Ltd.		2,691,063		1,474,195
Taiwan Cement Corp.		1,717,227		1,747,679
Taiwan Cooperative Financial Holding Co. Ltd.		3,260,968		2,645,611
Taiwan High Speed Rail Corp.		545,000		514,232
Taiwan Mobile Co. Ltd.		532,000		1,662,947
Taiwan Semiconductor Manufacturing Co. Ltd.		6,758,000		135,284,968
Unimicron Technology Corp.		388,000		2,176,788
Uni-President Enterprises Corp.		1,466,600		3,389,141
United Microelectronics Corp.		3,179,000		4,951,795
Vanguard International Semiconductor Corp.		314,000		736,760
Voltronic Power Technology Corp.		24,000		1,026,308
Walsin Lihwa Corp.		849,869		959,576
Wan Hai Lines Ltd.		234,600		366,280
Winbond Electronics Corp.		1,028,804		894,252
Wistron Corp.		789,000		2,888,783
Wiwynn Corp.		33,000		2,326,526
WPG Holdings Ltd.		267,000		743,302
Yageo Corp.		105,858		1,861,947
Yang Ming Marine Transport Corp.		525,000		800,533
Yuanta Financial Holding Co. Ltd.		3,692,037		3,182,882
Zhen Ding Technology Holding Ltd.		198,000		637,430


				310,890,069

Thailand — 0.2%
Advanced Info Service PCL, NVDR		338,200		2,085,809
Airports of Thailand PCL, NVDR^(b)		1,643,300		2,767,078
Bangkok Dusit Medical Services PCL, NVDR		4,077,800		3,160,856
Bangkok Expressway & Metro PCL, NVDR		3,272,100		677,586
Banpu PCL, NVDR		1,942,103		339,029
BTS Group Holdings PCL, NVDR		2,719,400		459,501
Central Pattana PCL, NVDR		949,800		1,731,442
Charoen Pokphand Foods PCL, NVDR^(b)		2,471,200		1,296,587


Security	Shares		Value

Thailand (continued)
CP ALL PCL, NVDR		1,829,600	$	2,693,357
CP Axtra PCL^(b)		226,400		181,487
Delta Electronics Thailand PCL, NVDR		975,800		2,159,463
Energy Absolute PCL, NVDR^(b)		627,000		700,896
Global Power Synergy PCL, NVDR		432,000		598,337
Gulf Energy Development PCL, NVDR^(b)		1,230,356		1,506,984
Indorama Ventures PCL, NVDR^(b)		846,033		562,736
Intouch Holdings PCL, NVDR		712,900		1,480,421
Muangthai Capital PCL, NVDR		203,800		243,694
Osotspa PCL, NVDR		290,500		170,317
PTT Exploration & Production PCL, NVDR		456,300		1,925,728
PTT Global Chemical PCL, NVDR^(b)		608,700		573,955
PTT Oil & Retail Business PCL, NVDR		818,900		412,659
PTT Public Co. Ltd., NVDR		2,715,300		2,577,575
Siam Cement PCL (The), NVDR		199,700		1,520,067
True Corp. PCL^(a)(b)		2,367,090		402,509


				30,228,073

Turkey — 0.1%
Akbank TAS		1,082,756		1,409,434
Aselsan Elektronik Sanayi Ve Ticaret AS		535,777		893,403
BIM Birlesik Magazalar AS		203,952		2,557,546
Eregli Demir ve Celik Fabrikalari TAS^(a)		518,327		734,945
Haci Omer Sabanci Holding AS		141,659		338,558
Hektas Ticaret TAS^(a)		357,638		209,576
KOC Holding AS		152,236		804,026
Koza Altin Isletmeleri AS		465,519		318,477
Sasa Polyester Sanayi AS^(a)		277,687		352,313
Turk Hava Yollari AO^(a)		173,181		1,552,375
Turkcell Iletisim Hizmetleri AS		381,536		861,898
Turkiye Is Bankasi AS, Class C		826,360		696,784
Turkiye Petrol Rafinerileri AS		316,186		1,557,798
Turkiye Sise ve Cam Fabrikalari AS		551,199		894,036
Yapi ve Kredi Bankasi AS		741,537		532,609


				13,713,778

United Arab Emirates — 0.1%
Abu Dhabi Commercial Bank PJSC		804,167		1,970,488
Abu Dhabi Islamic Bank PJSC		313,509		955,989
Abu Dhabi National Oil Co. for Distribution PJSC		795,855		769,214
Aldar Properties PJSC		1,041,081		1,445,572
Emaar Properties PJSC		1,546,339		3,126,498
Emirates NBD Bank PJSC		669,356		3,225,636
Emirates Telecommunications Group Co. PJSC		958,385		5,004,649
First Abu Dhabi Bank PJSC		1,247,286		4,972,543
Multiply Group PJSC^(a)		874,435		686,619


				22,157,208

United Kingdom — 3.4%
3i Group PLC		305,518		9,564,222
abrdn PLC		684,286		1,455,774
Admiral Group PLC		49,434		1,571,859
Anglo American PLC		317,578		7,570,323
Anglogold Ashanti PLC, NVS		105,306		1,884,460
Antofagasta PLC		130,910		2,853,216
Ashtead Group PLC		131,360		8,589,878
Associated British Foods PLC		96,996		2,872,958
AstraZeneca PLC		421,338		55,859,660
Auto Trader Group PLC^(c)		287,336		2,643,456
Aviva PLC		640,838		3,498,062
BAE Systems PLC		897,003		13,362,173
Barclays PLC		4,262,871		7,921,809
Barratt Developments PLC		287,297		1,958,024
Berkeley Group Holdings PLC		43,392		2,627,586


Security	Shares		Value

United Kingdom (continued)
BP PLC		4,975,463	$	29,058,776
British American Tobacco PLC		573,740		16,915,924
BT Group PLC		1,881,423		2,665,471
Bunzl PLC		76,235		3,098,172
Burberry Group PLC		122,762		2,022,126
Centrica PLC		1,255,488		2,197,166
Coca-Cola Europacific Partners PLC		58,020		3,997,578
Compass Group PLC		461,359		12,707,558
Croda International PLC		29,451		1,782,568
DCC PLC		25,053		1,821,336
Diageo PLC		603,739		21,805,763
Endeavour Mining PLC		30,379		539,650
Entain PLC		166,704		2,030,520
Experian PLC		259,601		10,805,214
Glencore PLC		2,793,362		14,779,562
GSK PLC		1,113,216		22,016,889
Haleon PLC		1,306,335		5,306,023
Halma PLC		83,111		2,300,437
Hargreaves Lansdown PLC		82,269		793,848
Hikma Pharmaceuticals PLC		35,719		871,438
HSBC Holdings PLC		5,423,702		42,346,651
Imperial Brands PLC		254,373		6,106,256
Informa PLC		307,711		3,022,199
InterContinental Hotels Group PLC		35,818		3,393,865
Intertek Group PLC		49,591		2,814,818
J Sainsbury PLC		604,787		2,064,840
JD Sports Fashion PLC		620,378		916,741
Kingfisher PLC		634,826		1,765,023
Land Securities Group PLC		235,657		1,986,754
Legal & General Group PLC		1,682,820		5,412,693
Lloyds Banking Group PLC		18,716,799		10,033,240
London Stock Exchange Group PLC		115,386		13,051,777
M&G PLC		602,164		1,702,539
Melrose Industries PLC		352,463		2,627,078
Mondi PLC, NVS		74,578		1,336,410
National Grid PLC		1,000,813		13,329,932
NatWest Group PLC, NVS		1,411,506		3,983,465
Next PLC		40,029		4,273,357
NMC Health PLC, NVS^(d)		19,275		—
Ocado Group PLC^(a)		152,309		1,043,303
Pearson PLC		219,471		2,692,421
Persimmon PLC		89,964		1,656,966
Prudential PLC		758,210		7,788,763
Reckitt Benckiser Group PLC		187,824		13,579,843
RELX PLC		533,188		22,006,833
Rentokil Initial PLC		631,681		3,252,996
Rio Tinto PLC		326,916		22,628,934
Rolls-Royce Holdings PLC^(a)		2,250,904		8,545,445
Sage Group PLC (The)		217,942		3,244,703
Schroders PLC		122,022		624,277
Segro PLC		263,624		2,927,826
Severn Trent PLC		90,600		2,978,115
Shell PLC		1,852,619		57,435,464
Smith & Nephew PLC		251,452		3,516,557
Smiths Group PLC		88,429		1,812,232
Spirax-Sarco Engineering PLC		16,979		2,136,991
SSE PLC		284,660		6,062,669
St. James’s Place PLC		221,610		1,824,361
Standard Chartered PLC		718,132		5,427,312
Taylor Wimpey PLC		1,058,467		1,976,149
Tesco PLC		1,939,361		7,027,506
Unilever PLC		687,560		33,456,817


Security	Shares		Value

United Kingdom (continued)
United Utilities Group PLC		134,597	$	1,812,855
Vodafone Group PLC		6,569,150		5,584,700
Whitbread PLC		43,850		1,987,630
Wise PLC, Class A^(a)		167,327		1,706,719
WPP PLC		351,666		3,400,783


				630,056,287

United States — 63.1%
3M Co.		152,936		14,429,512
A O Smith Corp.		37,315		2,896,017
Abbott Laboratories		472,223		53,432,032
AbbVie Inc.		482,848		79,380,211
Accenture PLC, Class A		171,522		62,413,425
Adobe Inc.^(a)		125,189		77,339,260
Advanced Micro Devices Inc.^(a)		443,525		74,374,707
AECOM		34,757		3,065,220
AES Corp. (The)		188,890		3,150,685
Aflac Inc.		150,555		12,697,809
Agilent Technologies Inc.		79,079		10,288,178
Air Products and Chemicals Inc.		60,996		15,597,287
Airbnb Inc.^(a)(b)		116,945		16,856,452
Akamai Technologies Inc.^(a)		42,299		5,212,506
Albemarle Corp.		31,759		3,644,028
Albertsons Companies Inc., Class A		73,299		1,555,405
Alexandria Real Estate Equities Inc.		49,423		5,975,241
Align Technology Inc.^(a)		20,192		5,397,725
Allegion PLC		27,312		3,383,684
Alliant Energy Corp.		72,957		3,550,088
Allstate Corp. (The)		70,839		10,997,755
Ally Financial Inc.		78,583		2,882,424
Alnylam Pharmaceuticals Inc.^(a)		33,530		5,797,672
Alphabet Inc., Class A^(a)		1,629,493		228,291,969
Alphabet Inc., Class C, NVS^(a)		1,440,095		204,205,471
Altria Group Inc.		481,859		19,332,183
Amazon.com Inc.^(a)		2,549,750		395,721,200
Amcor PLC		420,328		3,963,693
Ameren Corp.		70,524		4,906,355
American Electric Power Co. Inc.		137,936		10,778,319
American Express Co.		174,079		34,944,618
American Financial Group Inc./OH		22,002		2,649,041
American Homes 4 Rent, Class A		81,958		2,872,628
American International Group Inc.		194,062		13,489,250
American Tower Corp.		128,920		25,223,198
American Water Works Co. Inc.		55,365		6,866,367
Ameriprise Financial Inc.		28,809		11,144,185
AMETEK Inc.		62,038		10,053,258
Amgen Inc.		145,267		45,651,607
Amphenol Corp., Class A		163,321		16,511,753
Analog Devices Inc.		135,921		26,145,764
Annaly Capital Management Inc.		132,748		2,547,434
Ansys Inc.^(a)		24,555		8,049,866
Aon PLC, Class A		55,260		16,491,242
APA Corp.		83,515		2,616,525
Apollo Global Management Inc.		110,001		11,044,100
Apple Inc.		4,293,255		791,676,222
Applied Materials Inc.		228,662		37,569,167
Aptiv PLC^(a)		78,377		6,374,401
Arch Capital Group Ltd.^(a)		108,634		8,954,701
Archer-Daniels-Midland Co.		148,245		8,239,457
Ares Management Corp., Class A		45,170		5,487,252
Arista Networks Inc.^(a)		72,048		18,637,377
Arthur J Gallagher & Co.		61,125		14,190,780
Aspen Technology Inc.^(a)(b)		7,971		1,530,352


Security	Shares		Value

United States (continued)
Assurant Inc.		14,956	$	2,511,860
AT&T Inc.		1,963,467		34,733,731
Atlassian Corp., NVS^(a)		41,890		10,462,865
Atmos Energy Corp.		37,633		4,287,904
Autodesk Inc.^(a)		57,840		14,680,370
Automatic Data Processing Inc.		112,146		27,563,244
AutoZone Inc.^(a)		5,058		13,970,854
AvalonBay Communities Inc.		37,485		6,710,190
Avantor Inc.^(a)		169,865		3,905,196
Avery Dennison Corp.		23,754		4,737,735
Axon Enterprise Inc.^(a)		18,966		4,723,672
Baker Hughes Co., Class A		271,242		7,730,397
Ball Corp.		87,857		4,871,671
Bank of America Corp.		1,964,134		66,800,197
Bank of New York Mellon Corp. (The)		218,222		12,102,592
Bath & Body Works Inc.		59,388		2,533,492
Baxter International Inc.		133,397		5,161,130
Becton Dickinson and Co.		78,477		18,741,092
Bentley Systems Inc., Class B		59,345		2,990,988
Berkshire Hathaway Inc., Class B^(a)		359,260		137,862,432
Best Buy Co. Inc.		53,810		3,900,687
BILL Holdings Inc.^(a)(b)		24,903		1,943,679
Biogen Inc.^(a)		39,222		9,674,499
BioMarin Pharmaceutical Inc.^(a)		50,825		4,476,666
Bio-Rad Laboratories Inc., Class A^(a)		6,500		2,085,785
Bio-Techne Corp.		41,443		2,914,272
BlackRock Inc.^(f)		40,779		31,575,587
Blackstone Inc., NVS		192,607		23,969,941
Block Inc.^(a)		149,868		9,742,919
Boeing Co. (The)^(a)		157,843		33,311,187
Booking Holdings Inc.^(a)		9,782		34,310,072
Booz Allen Hamilton Holding Corp., Class A		38,366		5,400,782
BorgWarner Inc.		66,383		2,250,384
Boston Properties Inc.		41,482		2,758,553
Boston Scientific Corp.^(a)		402,148		25,439,883
Bristol-Myers Squibb Co.		570,255		27,868,362
Broadcom Inc.		121,625		143,517,500
Broadridge Financial Solutions Inc.		34,593		7,063,891
Brown & Brown Inc.		67,901		5,266,402
Brown-Forman Corp., Class B		86,453		4,746,270
Builders FirstSource Inc.^(a)		37,317		6,483,082
Burlington Stores Inc.^(a)		18,104		3,460,580
Cadence Design Systems Inc.^(a)		73,683		21,254,598
Caesars Entertainment Inc.^(a)		56,948		2,498,309
Camden Property Trust		26,770		2,512,097
Campbell Soup Co.		58,367		2,604,919
Capital One Financial Corp.		102,678		13,894,387
Cardinal Health Inc.		67,998		7,424,702
Carlisle Companies Inc.		14,012		4,403,411
Carlyle Group Inc. (The)		54,260		2,171,485
CarMax Inc.^(a)(b)		44,732		3,184,024
Carnival Corp.^(a)		275,883		4,574,140
Carrier Global Corp.		227,144		12,427,048
Catalent Inc.^(a)		47,850		2,470,974
Caterpillar Inc.		139,655		41,939,793
Cboe Global Markets Inc.		28,453		5,231,084
CBRE Group Inc., Class A^(a)		84,791		7,318,311
CDW Corp./DE		38,259		8,674,080
Celanese Corp., Class A		30,586		4,474,426
Celsius Holdings Inc.^(a)		41,557		2,073,694
Cencora Inc.		46,103		10,727,246
Centene Corp.^(a)		150,444		11,329,938


Security	Shares		Value

United States (continued)
CenterPoint Energy Inc.		188,789	$	5,274,765
Ceridian HCM Holding Inc.^(a)(b)		39,169		2,723,029
CF Industries Holdings Inc.		52,767		3,984,436
CH Robinson Worldwide Inc.		33,395		2,808,186
Charles River Laboratories International Inc.^(a)(b)		12,793		2,766,870
Charles Schwab Corp. (The)		409,466		25,763,601
Charter Communications Inc., Class A^(a)		26,497		9,822,703
Cheniere Energy Inc.		66,004		10,823,996
Chesapeake Energy Corp.		30,752		2,371,287
Chevron Corp.		498,299		73,464,222
Chipotle Mexican Grill Inc., Class A^(a)		7,494		18,051,322
Chubb Ltd.		111,827		27,397,615
Church & Dwight Co. Inc.		69,340		6,923,599
Cigna Group (The)		81,212		24,440,751
Cincinnati Financial Corp.		43,024		4,767,059
Cintas Corp.		26,300		15,900,191
Cisco Systems Inc.		1,114,194		55,910,255
Citigroup Inc.		523,719		29,417,296
Citizens Financial Group Inc.		135,093		4,417,541
Cleveland-Cliffs Inc.^(a)		139,481		2,796,594
Clorox Co. (The)		33,700		4,894,925
Cloudflare Inc., Class A^(a)(b)		77,428		6,120,683
CME Group Inc.		98,150		20,203,196
CMS Energy Corp.		79,470		4,542,505
Coca-Cola Co. (The)		1,128,294		67,122,210
Cognizant Technology Solutions Corp., Class A		141,832		10,938,084
Coinbase Global Inc., Class A^(a)		46,084		5,907,969
Colgate-Palmolive Co.		213,570		17,982,594
Comcast Corp., Class A		1,132,048		52,685,514
Conagra Brands Inc.		138,265		4,030,425
Confluent Inc.^(a)(b)		44,763		1,000,901
ConocoPhillips		326,791		36,558,109
Consolidated Edison Inc.		94,451		8,585,596
Constellation Brands Inc., Class A		45,897		11,248,437
Constellation Energy Corp.		90,398		11,028,556
Cooper Companies Inc. (The)		14,048		5,240,325
Copart Inc.^(a)		228,574		10,980,695
Corning Inc.		210,779		6,848,210
Corteva Inc.		194,230		8,833,580
CoStar Group Inc.^(a)		110,864		9,254,927
Costco Wholesale Corp.		121,320		84,302,842
Coterra Energy Inc.		210,918		5,247,640
Crowdstrike Holdings Inc., Class A^(a)		62,783		18,364,028
Crown Castle Inc.		118,628		12,841,481
Crown Holdings Inc.		33,557		2,969,795
CSX Corp.		545,662		19,480,133
Cummins Inc.		39,074		9,350,408
CVS Health Corp.		348,562		25,922,556
Danaher Corp.		190,751		45,763,072
Darden Restaurants Inc.		35,048		5,698,104
Darling Ingredients Inc.^(a)		40,793		1,766,337
Datadog Inc., Class A^(a)		69,944		8,703,831
DaVita Inc.^(a)		15,742		1,702,655
Deckers Outdoor Corp.^(a)		6,824		5,143,454
Deere & Co.		74,274		29,232,761
Dell Technologies Inc., Class C		68,160		5,649,101
Delta Air Lines Inc.		43,511		1,703,021
Devon Energy Corp.		178,461		7,498,931
Dexcom Inc.^(a)		105,717		12,828,758
Diamondback Energy Inc.		46,657		7,173,047
Dick’s Sporting Goods Inc.		16,742		2,495,730
Digital Realty Trust Inc.		83,978		11,795,550


Security	Shares		Value

United States (continued)
Discover Financial Services		71,855	$	7,582,140
DocuSign Inc., Class A^(a)		54,580		3,325,014
Dollar General Corp.		62,121		8,204,320
Dollar Tree Inc.^(a)(b)		59,967		7,832,890
Dominion Energy Inc.		231,792		10,597,530
Domino’s Pizza Inc.		9,535		4,064,008
DoorDash Inc., Class A^(a)		67,516		7,035,167
Dover Corp.		40,352		6,043,923
Dow Inc.		193,116		10,351,018
DR Horton Inc.		86,346		12,339,707
DraftKings Inc., Class A ^(a)		112,483		4,392,461
Dropbox Inc., Class A^(a)		88,152		2,792,655
DTE Energy Co.		53,522		5,642,289
Duke Energy Corp.		208,339		19,965,126
DuPont de Nemours Inc.		125,584		7,761,091
Dynatrace Inc.^(a)		68,611		3,910,827
Eastman Chemical Co.		30,848		2,577,350
Eaton Corp. PLC		108,376		26,669,166
eBay Inc.		138,411		5,684,540
Ecolab Inc.		71,354		14,143,790
Edison International		100,728		6,797,125
Edwards Lifesciences Corp.^(a)		164,252		12,888,854
Electronic Arts Inc.		69,479		9,558,921
Elevance Health Inc.		64,720		31,935,437
Eli Lilly & Co.		221,107		142,748,890
Emerson Electric Co.		153,892		14,116,513
Enphase Energy Inc.^(a)(b)		36,819		3,833,962
Entegris Inc.		40,868		4,810,164
Entergy Corp.		54,852		5,472,036
EOG Resources Inc.		157,864		17,963,345
EPAM Systems Inc.^(a)		16,110		4,480,352
EQT Corp.		105,613		3,738,700
Equifax Inc.		35,183		8,596,614
Equinix Inc.		25,328		21,016,415
Equitable Holdings Inc.		108,637		3,551,344
Equity LifeStyle Properties Inc.		47,480		3,213,921
Equity Residential		97,611		5,875,206
Erie Indemnity Co., Class A, NVS		7,046		2,436,718
Essential Utilities Inc.		65,991		2,366,437
Essex Property Trust Inc.		18,286		4,265,575
Estee Lauder Companies Inc. (The), Class A		64,472		8,509,659
Etsy Inc.^(a)(b)		33,815		2,250,726
Everest Group Ltd.		12,038		4,634,269
Evergy Inc.		64,940		3,297,004
Eversource Energy		101,002		5,476,328
Exact Sciences Corp.^(a)		48,197		3,152,084
Exelon Corp.		264,148		9,194,992
Expedia Group Inc.^(a)		39,097		5,799,258
Expeditors International of Washington Inc.		41,439		5,234,989
Extra Space Storage Inc.		56,962		8,227,591
Exxon Mobil Corp.		1,097,085		112,791,309
F5 Inc.^(a)		17,194		3,158,538
FactSet Research Systems Inc.		11,253		5,355,528
Fair Isaac Corp.^(a)		7,134		8,552,453
Fastenal Co.		157,346		10,735,718
FedEx Corp.		66,692		16,092,113
Ferguson PLC		56,718		10,655,043
Fidelity National Financial Inc.		78,594		3,932,058
Fidelity National Information Services Inc.		160,707		10,005,618
Fifth Third Bancorp		188,609		6,457,972
First Citizens BancShares Inc./NC, Class A		2,989		4,513,390
First Solar Inc.^(a)(b)		27,718		4,055,143


Security	Shares		Value

United States (continued)
FirstEnergy Corp.		145,886	$	5,351,098
Fiserv Inc.^(a)		168,902		23,962,127
FleetCor Technologies Inc.^(a)		19,441		5,636,529
FMC Corp.		36,263		2,037,981
Ford Motor Co.		1,086,613		12,735,104
Fortinet Inc.^(a)		179,588		11,581,630
Fortive Corp.		96,044		7,508,720
Fortune Brands Home & Security Inc., NVS		32,707		2,537,736
Fox Corp., Class A, NVS		103,107		3,330,356
Franklin Resources Inc.		82,406		2,194,472
Freeport-McMoRan Inc.		382,219		15,170,272
Gaming and Leisure Properties Inc.		67,031		3,059,965
Garmin Ltd.		41,621		4,973,293
Gartner Inc.^(a)		21,488		9,829,471
GE HealthCare Technologies Inc., NVS^(a)		111,424		8,174,065
Gen Digital Inc.		163,688		3,843,394
General Dynamics Corp.		63,807		16,908,217
General Electric Co.		298,922		39,583,251
General Mills Inc.		158,054		10,259,285
General Motors Co.		372,204		14,441,515
Genuine Parts Co.		41,176		5,774,110
Gilead Sciences Inc.		340,835		26,673,747
Global Payments Inc.		71,626		9,542,732
Globe Life Inc.		27,899		3,426,555
GoDaddy Inc., Class A^(a)		40,348		4,303,518
Goldman Sachs Group Inc. (The)		90,571		34,780,170
Graco Inc.		45,496		3,880,809
Halliburton Co.		245,728		8,760,203
Hartford Financial Services Group Inc. (The)		81,812		7,114,372
Hasbro Inc.		35,583		1,741,788
HCA Healthcare Inc.		56,446		17,210,385
Healthpeak Properties Inc.		155,057		2,868,555
HEICO Corp.		13,594		2,441,346
HEICO Corp., Class A		17,405		2,462,285
Henry Schein Inc.^(a)		38,742		2,899,451
Hershey Co. (The)		41,344		8,001,718
Hess Corp.		72,792		10,229,460
Hewlett Packard Enterprise Co.		360,625		5,513,956
HF Sinclair Corp.		41,042		2,318,463
Hilton Worldwide Holdings Inc.		74,809		14,285,527
Hologic Inc.^(a)		67,863		5,051,722
Home Depot Inc. (The)		274,111		96,750,219
Honeywell International Inc.		179,870		36,380,506
Hormel Foods Corp.		82,677		2,510,901
Host Hotels & Resorts Inc.		197,424		3,794,489
Howmet Aerospace Inc.		111,313		6,262,469
HP Inc.		256,324		7,359,062
Hubbell Inc., Class B		14,889		4,996,302
HubSpot Inc.^(a)		12,772		7,803,692
Humana Inc.		34,023		12,862,735
Huntington Bancshares Inc./OH		421,970		5,371,678
Huntington Ingalls Industries Inc.		12,359		3,199,992
Hyatt Hotels Corp., Class A^(b)		10,966		1,407,705
IDEX Corp.		22,380		4,733,370
IDEXX Laboratories Inc.^(a)		22,622		11,652,140
Illinois Tool Works Inc.		83,940		21,899,946
Illumina Inc.^(a)		42,155		6,028,587
Incyte Corp.^(a)		51,687		3,037,645
Ingersoll Rand Inc.		108,346		8,652,512
Insulet Corp.^(a)		18,557		3,541,975
Intel Corp.		1,144,942		49,324,101
Intercontinental Exchange Inc.		156,311		19,903,080


Security	Shares		Value

United States (continued)
International Business Machines Corp.		250,207	$	45,953,018
International Flavors & Fragrances Inc.		70,220		5,665,350
International Paper Co.		88,283		3,163,180
Interpublic Group of Companies Inc. (The)		120,613		3,979,023
Intuit Inc.		77,229		48,756,985
Intuitive Surgical Inc.^(a)		95,589		36,153,672
Invitation Homes Inc.		179,060		5,896,446
IQVIA Holdings Inc.^(a)		52,836		11,002,040
Iron Mountain Inc.		82,328		5,558,787
Jabil Inc.		36,115		4,524,848
Jack Henry & Associates Inc.		20,393		3,381,771
Jacobs Solutions Inc., NVS		34,501		4,649,700
Jazz Pharmaceuticals PLC^(a)		18,129		2,224,791
JB Hunt Transport Services Inc.		23,402		4,703,334
JM Smucker Co. (The)		28,382		3,733,652
Johnson & Johnson		659,553		104,802,972
Johnson Controls International PLC		184,421		9,717,143
JPMorgan Chase & Co.		798,154		139,166,131
Juniper Networks Inc.		88,826		3,283,009
Kellanova		72,315		3,959,969
Kenvue Inc.		463,500		9,622,260
Keurig Dr Pepper Inc.		283,409		8,910,379
KeyCorp		254,331		3,695,429
Keysight Technologies Inc.^(a)		48,983		7,507,135
Kimberly-Clark Corp.		93,426		11,301,743
Kimco Realty Corp.		160,799		3,248,140
Kinder Morgan Inc.		592,314		10,021,953
KKR & Co. Inc.		159,680		13,825,094
KLA Corp.		37,176		22,084,031
Knight-Swift Transportation Holdings Inc.		45,098		2,587,723
Kraft Heinz Co. (The)		230,321		8,551,819
Kroger Co. (The)		184,995		8,535,669
L3Harris Technologies Inc.		51,286		10,689,028
Laboratory Corp. of America Holdings		23,786		5,287,628
Lam Research Corp.		36,482		30,103,852
Lamb Weston Holdings Inc.		40,019		4,099,546
Las Vegas Sands Corp.		98,789		4,832,758
Lattice Semiconductor Corp.^(a)		38,010		2,313,289
Lear Corp.		18,089		2,404,028
Leidos Holdings Inc.		36,982		4,085,402
Lennar Corp., Class A		66,684		9,992,597
Lennox International Inc.		9,718		4,160,859
Liberty Broadband Corp., Class C ^(a)		29,702		2,330,122
Liberty Global Ltd., NVS^(a)(b)		80,012		1,675,451
Liberty Media Corp.-Liberty Formula One, NVS^(a)		56,761		3,817,177
Liberty Media Corp.-Liberty SiriusXM, NVS^(a)		38,582		1,171,350
Linde PLC		134,239		54,343,974
Live Nation Entertainment Inc.^(a)		47,260		4,199,051
LKQ Corp.		77,430		3,613,658
Lockheed Martin Corp.		61,816		26,544,409
Loews Corp.		46,949		3,420,704
Lowe’s Companies Inc.		157,662		33,556,780
LPL Financial Holdings Inc.		20,388		4,876,606
Lucid Group Inc.^(a)(b)		247,658		837,084
Lululemon Athletica Inc.^(a)		31,864		14,460,520
LyondellBasell Industries NV, Class A		72,526		6,826,147
M&T Bank Corp.		45,924		6,342,104
Manhattan Associates Inc.^(a)		17,524		4,250,621
Marathon Oil Corp.		175,576		4,011,912
Marathon Petroleum Corp.		108,609		17,985,650
Markel Group Inc.^(a)		3,517		5,266,461
MarketAxess Holdings Inc.		10,967		2,473,168


Security	Shares		Value

United States (continued)
Marriott International Inc./MD, Class A		70,667	$	16,941,000
Marsh & McLennan Companies Inc.		133,353		25,849,146
Martin Marietta Materials Inc.		16,611		8,445,365
Marvell Technology Inc.		231,170		15,650,209
Masco Corp.		63,608		4,280,182
Mastercard Inc., Class A		230,498		103,546,617
Match Group Inc.^(a)(b)		70,872		2,720,067
McCormick & Co. Inc./MD, NVS		69,332		4,725,669
McDonald’s Corp.		201,010		58,839,647
McKesson Corp.		38,031		19,011,317
Medtronic PLC		360,817		31,585,920
MercadoLibre Inc.^(a)		12,383		21,197,343
Merck & Co. Inc.		692,872		83,685,080
Meta Platforms Inc., Class A^(a)(b)		609,665		237,854,703
MetLife Inc.		178,090		12,345,199
Mettler-Toledo International Inc.^(a)		6,359		7,612,931
MGM Resorts International		86,663		3,758,574
Microchip Technology Inc.		148,844		12,678,532
Micron Technology Inc.		298,464		25,593,288
Microsoft Corp.		1,938,549		770,728,311
Mid-America Apartment Communities Inc.		32,732		4,136,670
Moderna Inc.^(a)		90,247		9,119,459
Molina Healthcare Inc.^(a)		15,788		5,627,475
Molson Coors Beverage Co., Class B		53,638		3,314,292
Mondelez International Inc., Class A		372,077		28,006,236
MongoDB Inc., Class A^(a)(b)		19,862		7,955,128
Monolithic Power Systems Inc.		12,581		7,582,820
Monster Beverage Corp.^(a)		211,645		11,644,708
Moody’s Corp.		44,983		17,635,135
Morgan Stanley		339,351		29,604,981
Mosaic Co. (The)		89,357		2,744,153
Motorola Solutions Inc.		45,880		14,658,660
MSCI Inc., Class A		22,800		13,648,536
Nasdaq Inc.		99,658		5,757,243
NetApp Inc.		65,023		5,670,006
Netflix Inc.^(a)		121,614		68,603,674
Neurocrine Biosciences Inc.^(a)		25,608		3,579,230
Newmont Corp.		308,539		10,647,681
News Corp., Class A, NVS		111,833		2,755,565
NextEra Energy Inc.		561,899		32,944,138
Nike Inc., Class B		337,482		34,264,547
NiSource Inc.		116,141		3,016,182
Nordson Corp.		14,086		3,545,728
Norfolk Southern Corp.		60,377		14,203,085
Northern Trust Corp.		55,733		4,438,576
Northrop Grumman Corp.		40,668		18,168,836
NRG Energy Inc.		68,603		3,638,703
Nucor Corp.		68,304		12,768,067
Nvidia Corp.		677,470		416,826,967
NVR Inc.^(a)		893		6,318,234
NXP Semiconductors NV		70,165		14,774,644
O’Reilly Automotive Inc.^(a)		16,816		17,203,609
Occidental Petroleum Corp.		184,140		10,600,940
Okta Inc.^(a)		42,056		3,475,928
Old Dominion Freight Line Inc.		28,474		11,133,903
Omnicom Group Inc.		57,438		5,191,246
ON Semiconductor Corp.^(a)		122,651		8,724,166
ONEOK Inc.		152,662		10,419,182
Oracle Corp.		452,521		50,546,596
Otis Worldwide Corp.		111,344		9,847,263
Ovintiv Inc.		69,810		2,961,340
Owens Corning		24,724		3,746,428


Security	Shares		Value

United States (continued)
PACCAR Inc.		142,805	$	14,336,194
Packaging Corp. of America		24,028		3,985,765
Palantir Technologies Inc.^(a)		511,927		8,236,905
Palo Alto Networks Inc.^(a)		84,577		28,630,160
Paramount Global, Class B, NVS		135,214		1,972,772
Parker-Hannifin Corp.		34,634		16,087,493
Paychex Inc.		89,098		10,845,900
Paycom Software Inc.		14,015		2,666,214
Paylocity Holding Corp.^(a)		12,590		1,994,382
PayPal Holdings Inc.^(a)		285,518		17,516,529
Pentair PLC		51,145		3,742,280
PepsiCo Inc.		377,150		63,561,090
Pfizer Inc.		1,554,122		42,085,624
PG&E Corp.		543,720		9,172,556
Philip Morris International Inc.		422,060		38,344,151
Phillips 66		125,077		18,049,862
Pinterest Inc., Class A^(a)		157,488		5,901,075
Pioneer Natural Resources Co.		63,160		14,516,063
PNC Financial Services Group Inc. (The)		108,920		16,469,793
Pool Corp.		10,296		3,822,390
PPG Industries Inc.		64,536		9,102,157
PPL Corp.		195,440		5,120,528
Principal Financial Group Inc.		67,346		5,327,069
Procter & Gamble Co. (The)		645,466		101,428,527
Progressive Corp. (The)		158,971		28,336,581
Prologis Inc.		249,660		31,629,425
Prudential Financial Inc.		102,671		10,773,268
PTC Inc.^(a)		32,523		5,875,280
Public Service Enterprise Group Inc.		137,752		7,988,238
Public Storage		42,700		12,092,213
PulteGroup Inc.		64,422		6,735,964
Qorvo Inc.^(a)		28,846		2,877,100
Qualcomm Inc.		304,851		45,273,422
Quanta Services Inc.		39,258		7,618,015
Quest Diagnostics Inc.		30,460		3,911,978
Raymond James Financial Inc.		58,717		6,469,439
Realty Income Corp.		228,380		12,421,588
Regency Centers Corp.		46,465		2,911,962
Regeneron Pharmaceuticals Inc.^(a)		29,477		27,790,326
Regions Financial Corp.		265,728		4,961,142
Reliance Steel & Aluminum Co.		16,306		4,654,059
Repligen Corp.^(a)		15,579		2,950,663
Republic Services Inc., Class A		60,848		10,412,310
ResMed Inc.		40,042		7,615,988
Revvity Inc.		35,700		3,826,326
Rivian Automotive Inc., Class A^(a)(b)		184,985		2,832,120
Robert Half Inc.		31,425		2,499,545
Robinhood Markets Inc.^(a)		116,686		1,253,208
ROBLOX Corp., Class A^(a)		113,017		4,386,190
Rockwell Automation Inc.		30,891		7,824,072
Roku Inc.^(a)		32,355		2,849,181
Rollins Inc.		81,246		3,518,764
Roper Technologies Inc.		28,880		15,508,560
Ross Stores Inc.		92,615		12,992,032
Royal Caribbean Cruises Ltd.^(a)		66,154		8,434,635
Royalty Pharma PLC, Class A		100,585		2,855,608
RPM International Inc.		36,150		3,855,759
RTX Corp.		397,820		36,249,358
S&P Global Inc.		89,948		40,328,186
Salesforce Inc.^(a)		266,260		74,843,023
SBA Communications Corp., Class A		31,758		7,109,346
Schlumberger NV		397,739		19,369,889


Security	Shares		Value

United States (continued)
Seagate Technology Holdings PLC		52,915	$	4,533,757
SEI Investments Co.		41,497		2,624,270
Sempra Energy		172,838		12,368,287
ServiceNow Inc.^(a)		55,686		42,622,064
Sherwin-Williams Co. (The)		67,243		20,467,424
Simon Property Group Inc.		87,663		12,150,968
Sirius XM Holdings Inc.^(b)		221,339		1,126,616
Skyworks Solutions Inc.		45,161		4,717,518
Snap Inc., Class A, NVS^(a)		283,749		4,508,772
Snap-on Inc.		15,649		4,537,115
Snowflake Inc., Class A^(a)		78,136		15,286,527
Southern Co. (The)		296,331		20,600,931
Southwest Airlines Co.		40,024		1,196,317
Splunk Inc.^(a)		44,106		6,764,537
SS&C Technologies Holdings Inc.		60,898		3,715,996
Stanley Black & Decker Inc.		41,504		3,872,323
Starbucks Corp.		311,856		29,011,964
State Street Corp.		92,608		6,840,953
Steel Dynamics Inc.		47,038		5,677,016
STERIS PLC		28,055		6,142,642
Stryker Corp.		93,218		31,272,775
Sun Communities Inc.		36,981		4,635,568
Super Micro Computer Inc.^(a)		12,796		6,776,890
Synchrony Financial		120,872		4,698,295
Synopsys Inc.^(a)		42,957		22,911,116
Sysco Corp.		133,427		10,798,247
T-Mobile U.S. Inc.		143,711		23,170,525
T Rowe Price Group Inc.		61,756		6,697,438
Take-Two Interactive Software Inc.^(a)		45,648		7,528,725
Targa Resources Corp.		57,361		4,873,391
Target Corp.		124,160		17,268,173
TE Connectivity Ltd.		86,897		12,355,884
Teledyne Technologies Inc.^(a)		12,824		5,366,459
Teleflex Inc.		13,416		3,257,807
Teradyne Inc.		42,788		4,132,893
Tesla Inc.^(a)		785,235		147,066,663
Texas Instruments Inc.		246,331		39,442,520
Texas Pacific Land Corp.		1,734		2,533,946
Textron Inc.^(b)		59,633		5,051,511
Thermo Fisher Scientific Inc.		105,177		56,688,299
TJX Companies Inc. (The)		310,326		29,453,041
Toast Inc.^(a)(b)		85,456		1,518,553
Toro Co. (The)		28,466		2,632,536
Tractor Supply Co.		30,258		6,795,947
Trade Desk Inc. (The), Class A^(a)		121,018		8,281,262
Tradeweb Markets Inc., Class A		29,921		2,854,164
Trane Technologies PLC		62,106		15,653,817
TransDigm Group Inc.		15,449		16,880,813
TransUnion		53,035		3,669,492
Travelers Cos. Inc. (The)		61,609		13,021,678
Trimble Inc.^(a)		73,113		3,718,527
Truist Financial Corp.		359,683		13,329,852
Twilio Inc., Class A^(a)		47,735		3,357,203
Tyler Technologies Inc.^(a)		11,239		4,751,287
Tyson Foods Inc., Class A		77,766		4,258,466
U.S. Bancorp		419,944		17,444,474
Uber Technologies Inc.^(a)		523,223		34,150,765
UDR Inc.		82,688		2,978,422
U-Haul Holding Co.^(b)		22,619		1,444,676
UiPath Inc., Class A^(a)(b)		96,226		2,211,273
Ulta Beauty Inc.^(a)		13,518		6,786,712
Union Pacific Corp.		166,014		40,495,795


Security	Shares		Value

United States (continued)
United Parcel Service Inc., Class B		196,014	$	27,814,387
United Rentals Inc.		19,040		11,907,616
United Therapeutics Corp.^(a)		12,111		2,601,201
UnitedHealth Group Inc.		253,958		129,960,467
Unity Software Inc.^(a)(b)		66,708		2,161,339
Universal Health Services Inc., Class B		18,137		2,880,337
Vail Resorts Inc.		11,752		2,608,944
Valero Energy Corp.		99,237		13,784,019
Veeva Systems Inc., Class A^(a)(b)		41,919		8,694,420
Ventas Inc.		103,499		4,801,319
Veralto Corp.		62,939		4,826,792
VeriSign Inc.^(a)		25,243		5,020,328
Verisk Analytics Inc., Class A		39,686		9,585,360
Verizon Communications Inc.		1,146,380		48,549,193
Vertex Pharmaceuticals Inc.^(a)		69,660		30,189,251
Vertiv Holdings Co., Class A		92,949		5,235,817
VF Corp.		81,901		1,348,090
Viatris Inc.		324,813		3,823,049
VICI Properties Inc., Class A		278,337		8,383,510
Visa Inc., Class A^(b)		441,303		120,590,458
Vistra Corp.		104,699		4,295,800
Vulcan Materials Co.		36,277		8,198,965
W R Berkley Corp.		57,887		4,739,788
Walmart Inc.		406,580		67,187,345
Walgreens Boots Alliance Inc.		201,778		4,554,129
Walt Disney Co. (The)		500,113		48,035,854
Warner Bros. Discovery Inc.^(a)		622,719		6,239,644
Waste Management Inc.		110,029		20,424,683
Waters Corp.^(a)		15,654		4,973,432
Watsco Inc.		9,709		3,796,025
WEC Energy Group Inc.		86,462		6,982,671
Wells Fargo & Co.		1,013,508		50,857,831
Welltower Inc.		141,093		12,205,955
West Pharmaceutical Services Inc.		20,445		7,626,598
Western Digital Corp.^(a)		87,189		4,991,570
Westinghouse Air Brake Technologies Corp.		47,810		6,290,362
Westlake Corp.		9,363		1,295,371
Westrock Co.		74,326		2,992,365
Weyerhaeuser Co.		196,489		6,438,945
Williams Cos. Inc. (The)		320,649		11,113,694
Willis Towers Watson PLC		29,790		7,337,277
Workday Inc., Class A^(a)		56,710		16,506,580
WP Carey Inc.		64,078		3,970,273
WW Grainger Inc.		12,706		11,380,002
Wynn Resorts Ltd.		29,327		2,769,349
Xcel Energy Inc.		151,433		9,066,294
Xylem Inc./NY		65,073		7,316,808
Yum! Brands Inc.		76,934		9,962,184
Zebra Technologies Corp., Class A^(a)		14,168		3,393,944
Zillow Group Inc., Class C ^(a)		41,490		2,358,292
Zimmer Biomet Holdings Inc.		57,087		7,170,127
Zoetis Inc.		126,120		23,686,597
Zoom Video Communications Inc., Class A^(a)		67,823		4,382,044
Zscaler Inc.^(a)		24,661		5,811,858


				11,712,398,960


Total Common Stocks — 99.4% (Cost: $14,902,802,352)				18,453,563,769


Security	Shares		Value

Preferred Stocks

Brazil — 0.2%
Banco Bradesco SA, Preference Shares, NVS		1,699,742	$	5,266,236
Cia. Energetica de Minas Gerais, Preference Shares, NVS		489,506		1,138,202
Cia. Paranaense de Energia, Preference Shares, NVS		278,713		569,870
Gerdau SA, Preference Shares, NVS		304,890		1,294,786
Itau Unibanco Holding SA, Preference Shares, NVS		1,314,376		8,696,360
Itausa SA, Preference Shares, NVS		1,570,107		3,169,117
Petroleo Brasileiro SA, Preference Shares, NVS		1,373,171		11,211,199


				31,345,770

Chile — 0.0%
Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares, NVS		40,234		1,727,650


Colombia — 0.0%
Bancolombia SA, Preference Shares, NVS		171,548		1,351,599


Germany — 0.1%
Bayerische Motoren Werke AG, Preference Shares, NVS		18,328		1,790,838
Dr Ing hc F Porsche AG, Preference Shares, NVS^(c)		34,062		2,891,930
Henkel AG & Co. KGaA, Preference Shares, NVS		45,918		3,520,006
Porsche Automobil Holding SE, Preference Shares, NVS		43,331		2,163,255
Sartorius AG, Preference Shares, NVS		7,557		2,756,812
Volkswagen AG, Preference Shares, NVS		62,564		8,046,670


			21,169,511

Russia — 0.0%
Surgutneftegas PJSC, Preference Shares, NVS^(d)		1,929,900		214


South Korea — 0.1%
Samsung Electronics Co. Ltd., Preference Shares, NVS		227,333		9,947,150


Total Preferred Stocks — 0.4% (Cost: $57,319,555)				65,541,894


Rights

Brazil — 0.0%
Localiza Rent a Car SA, (Expires 02/19/24, Strike Price BRL 45.35)^(a)		758		1,377


South Korea — 0.0%
LG Display Co. Ltd., (Expires 03/14/24, Strike Price KWR 10070)^(a)		26,464		31,329


Security	Shares		Value

Spain — 0.0%
ACS Actividades de Construccion y Servicios SA, (Expires 02/09/24)^(a)		69,588	$	31,886


Total Rights — 0.0% (Cost: $34,565)				64,592


Warrants

Canada — 0.0%
Constellation Software Inc., (Issued 08/29/23, 1 Share for 1 Warrant, Expires 03/31/40, Strike Price CAD 11.50 )^(d)		5,990		—


Total Warrants — 0.0% (Cost: $—)				—


Total Long-Term Investments — 99.8% (Cost: $14,960,156,472)				18,519,170,255


Short-Term Securities

Money Market Funds — 2.3%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.51%^(f)(g)(h)		412,313,711		412,561,100
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.32%^(f)(g)		20,790,000		20,790,000


Total Short-Term Securities — 2.3% (Cost: $433,176,915)				433,351,100


Total Investments — 102.1% (Cost: $15,393,333,387)				18,952,521,355

Liabilities in Excess of Other Assets — (2.1)%				(388,544,284	)


Net Assets — 100.0%			$	18,563,977,071

^(a)	Non-income producing security.

^(b)	All or a portion of this security is on loan.

^(c)	Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(d)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

^(e)	This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^(f)	Affiliate of the Fund.

^(g)	Annualized 7-day yield as of period end.

^(h)	All or a portion of this security was purchased with the cash collateral from loaned securities.

Investments in issuers considered to be affiliate(s) of the Fund during the six months ended January 31, 2024 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

For the period ended January 31, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.

Various inputs are used in determining the fair value of financial instruments. For a description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to the Notes to Financial Statements.

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.


Security	Shares		Value

Common Stocks

Australia — 1.7%
ANZ Group Holdings Ltd.		34,643	$	611,254
Aristocrat Leisure Ltd.		16,330		470,804
Brambles Ltd.		96,350		918,675
CAR Group Ltd.		9,461		203,140
Cochlear Ltd.		1,495		296,681
Commonwealth Bank of Australia		21,645		1,650,526
Computershare Ltd.		33,646		557,287
CSL Ltd.		7,485		1,469,886
Endeavour Group Ltd./Australia		35,774		130,923
Goodman Group		34,710		576,157
GPT Group (The)		27,843		84,152
IDP Education Ltd.		6,250		80,036
IGO Ltd.		122,567		595,824
Insurance Australia Group Ltd.		24,189		94,952
James Hardie Industries PLC^(a)		1,335		50,157
Lottery Corp. Ltd. (The)		49,159		161,359
Macquarie Group Ltd.		3,775		465,795
National Australia Bank Ltd.		14,973		315,786
Pilbara Minerals Ltd.		300,572		684,602
QBE Insurance Group Ltd.		18,506		190,549
Ramsay Health Care Ltd.		4,784		159,492
REA Group Ltd.		2,039		243,185
Scentre Group		143,552		285,388
SEEK Ltd.		14,597		240,636
Sonic Healthcare Ltd.		11,393		237,546
Stockland		48,207		142,361
Suncorp Group Ltd.		31,632		291,158
Telstra Corp. Ltd.		260,182		686,187
Transurban Group		121,578		1,068,091
Vicinity Ltd.		101,952		135,332
Westpac Banking Corp.		39,662		622,202
WiseTech Global Ltd.		5,517		259,746
Woolworths Group Ltd.		8,358		196,287
Xero Ltd.^(a)		3,522		252,100


				14,428,256

Austria — 0.1%
Erste Group Bank AG		3,992		171,969
Verbund AG		5,498		447,088


				619,057

Belgium — 0.3%
Ageas SA/NV		7,030		302,093
Anheuser-Busch InBev SA/NV		18,585		1,149,623
Argenx SE^(a)		448		169,179
Elia Group SA/NV		3,478		418,770
KBC Group NV		2,923		190,672


				2,230,337

Brazil — 0.4%
Ambev SA		20,116		53,108
Atacadao SA		15,019		31,557
B3 SA - Brasil, Bolsa, Balcao		96,466		254,872
Banco BTG Pactual SA		35,662		259,274
Banco do Brasil SA		66,353		756,020
BB Seguridade Participacoes SA		38,935		269,160
CCR SA		64,064		169,651
Cia. de Saneamento Basico do Estado de Sao Paulo		7,697		122,514
Equatorial Energia SA		5,128		36,671
Hapvida Participacoes e Investimentos SA^(a)(b)		118,656		92,925
Hypera SA		30,242		193,682
Localiza Rent a Car SA		9,844		107,532
Lojas Renner SA		71,214		230,701


Security	Shares		Value

Brazil (continued)
Raia Drogasil SA		40,459	$	206,607
Sendas Distribuidora SA		57,338		158,089
Suzano SA		8,773		91,406
Telefonica Brasil SA		7,971		82,632
Tim SA		24,870		87,043


				3,203,444

Canada — 3.7%
Agnico Eagle Mines Ltd.		2,488		122,286
Bank of Montreal		3,291		309,995
Bank of Nova Scotia (The)		14,057		657,342
BCE Inc.		18,720		755,372
Brookfield Renewable Corp., Class A		16,127		450,541
CAE Inc.^(a)		48,415		969,416
Canadian Imperial Bank of Commerce		3,580		161,792
Canadian National Railway Co.		9,035		1,120,798
Canadian Pacific Kansas City Ltd.		11,440		920,595
CGI Inc.^(a)		1,753		196,312
Constellation Software Inc./Canada		463		1,279,663
Dollarama Inc.		9,672		709,834
Element Fleet Management Corp.		23,110		389,851
Enbridge Inc.		58,596		2,080,682
Fairfax Financial Holdings Ltd.		941		980,909
First Quantum Minerals Ltd.		31,094		282,158
Franco-Nevada Corp.		11,159		1,207,325
George Weston Ltd.		1,606		204,625
Hydro One Ltd.^(b)		47,527		1,410,486
Intact Financial Corp.		1,623		253,811
Loblaw Companies Ltd.		5,365		536,121
Lundin Mining Corp.		9,288		75,854
Manulife Financial Corp.		75,400		1,666,769
Metro Inc./CN		2,696		141,553
Northland Power Inc.		10,702		196,934
Open Text Corp.		6,953		303,213
Pembina Pipeline Corp.		141,043		4,858,270
Power Corp. of Canada		5,824		169,766
Quebecor Inc., Class B		16,016		389,425
RB Global Inc.		5,231		334,843
Restaurant Brands International Inc.		5,200		405,921
Rogers Communications Inc., Class B, NVS		6,448		301,190
Royal Bank of Canada		19,961		1,948,070
Shopify Inc., Class A^(a)		15,053		1,205,069
Stantec Inc.		8,224		660,819
Sun Life Financial Inc.		8,918		462,267
TELUS Corp.		9,568		171,369
Thomson Reuters Corp.		7,840		1,164,002
TMX Group Ltd.		5,436		134,439
Toronto-Dominion Bank (The)		18,982		1,153,081
Wheaton Precious Metals Corp.		23,490		1,100,900
WSP Global Inc.		3,016		443,073


				32,286,741

Chile — 0.1%
Banco de Chile		2,462,678		275,644
Banco de Credito e Inversiones SA		12,822		339,511
Banco Santander Chile		3,053,358		141,207
Cia. Sud Americana de Vapores SA		4,153,240		299,276
Falabella SA^(a)		14,568		34,578


				1,090,216

China — 3.0%
Agricultural Bank of China Ltd., Class H		1,135,000		439,462
Alibaba Group Holding Ltd.		214,968		1,928,042
Alibaba Health Information Technology Ltd.^(a)(c)		124,000		45,564


Security	Shares		Value

China (continued)
Anhui Gujing Distillery Co. Ltd., Class B		6,100	$	78,822
ANTA Sports Products Ltd.		17,000		143,488
Asia - Potash International Investment Guangzhou Co. Ltd.^(a)		20,800		59,989
BAIC BluePark New Energy Technology Co. Ltd.		40,000		24,476
Baidu Inc.^(a)		27,790		359,803
Bank of Beijing Co. Ltd., Class A		312,000		221,251
Bank of Changsha Co. Ltd., Class A		60,200		60,015
Bank of Chengdu Co. Ltd., Class A		57,200		99,689
Bank of China Ltd., Class H		1,368,000		513,370
Bank of Communications Co. Ltd., Class A		73,500		61,427
Bank of Communications Co. Ltd., Class H		416,000		246,108
Bank of Hangzhou Co. Ltd., Class A		86,000		130,497
Bank of Jiangsu Co. Ltd., Class A		276,400		281,503
Bank of Nanjing Co. Ltd., Class A		105,400		121,742
Bank of Ningbo Co. Ltd., Class A		30,400		91,128
Bank of Shanghai Co. Ltd., Class A		218,400		194,435
Beijing Enterprises Water Group Ltd.		236,000		57,418
Beijing-Shanghai High Speed Railway Co. Ltd., Class A		65,400		45,195
BOC Aviation Ltd.^(b)		42,700		320,137
BYD Co. Ltd., Class H		24,500		548,559
CGN Power Co. Ltd., Class H^(b)		1,664,000		466,294
Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A		4,600		81,065
China Cinda Asset Management Co. Ltd., Class H		2,510,000		240,826
China CITIC Bank Corp. Ltd., Class H		1,472,000		729,526
China Construction Bank Corp., Class H		1,517,000		900,891
China Everbright Bank Co. Ltd., Class A		433,300		190,043
China Everbright Bank Co. Ltd., Class H		556,000		165,069
China Galaxy Securities Co. Ltd., Class H		436,000		213,625
China Life Insurance Co. Ltd., Class H		280,000		322,796
China Merchants Bank Co. Ltd., Class H		61,500		224,191
China Merchants Energy Shipping Co. Ltd., Class A		156,000		141,690
China Merchants Port Holdings Co. Ltd.		208,000		257,166
China Minsheng Banking Corp. Ltd., Class H		959,500		319,124
China National Nuclear Power Co. Ltd., Class A		216,698		249,955
China Oilfield Services Ltd., Class H		460,000		442,108
China Pacific Insurance Group Co. Ltd., Class H		58,000		106,718
China Ruyi Holdings Ltd.^(a)(c)		200,000		33,553
China Three Gorges Renewables Group Co. Ltd., Class A		82,500		50,846
China Tourism Group Duty Free Corp. Ltd.^(b)(c)		4,800		42,095
China Tower Corp. Ltd., Class H^(b)		2,080,000		231,382
China Vanke Co. Ltd., Class H		82,900		65,225
China Yangtze Power Co. Ltd., Class A		151,600		514,876
China Zheshang Bank Co. Ltd., Class A		338,350		126,567
Chongqing Rural Commercial Bank Co. Ltd., Class A		135,200		81,437
CITIC Ltd.		1,233,000		1,190,084
CITIC Securities Co. Ltd., Class H		17,000		33,179
COSCO SHIPPING Energy Transportation Co. Ltd., Class A		72,200		132,359
COSCO SHIPPING Energy Transportation Co. Ltd., Class H		310,000		288,244
East Buy Holding Ltd.^(a)(b)(c)		20,500		60,230
Far East Horizon Ltd.		323,000		236,323
Focus Media Information Technology Co. Ltd., Class A		173,200		136,242
Ganfeng Lithium Group Co. Ltd., Class H^(b)		18,080		48,297
G-Bits Network Technology Xiamen Co. Ltd., Class A		1,000		25,180
Ginlong Technologies Co. Ltd., Class A		3,900		32,392
H World Group Ltd., ADR		820		26,051
Hoymiles Power Electronics Inc., NVS		1,400		36,530


Security	Shares		Value

China (continued)
Hoyuan Green Energy Co. Ltd., Class A		7,300	$	25,084
Huaxia Bank Co. Ltd., Class A		114,400		96,405
Industrial & Commercial Bank of China Ltd., Class H		786,000		382,884
Industrial Bank Co. Ltd., Class A		176,498		386,606
JD Health International Inc.^(a)(b)		41,800		137,931
Jiangsu Expressway Co. Ltd., Class H		308,000		293,898
Jiangsu Hengli Hydraulic Co. Ltd., Class A		8,900		60,452
Jiangsu Pacific Quartz Co. Ltd., NVS		6,100		60,711
Kuaishou Technology^(a)(b)		27,600		139,113
Kuang-Chi Technologies Co. Ltd., Class A^(a)		35,200		58,339
Kweichow Moutai Co. Ltd., Class A		1,300		290,574
Li Auto Inc.^(a)(c)		31,680		437,910
Li Ning Co. Ltd.		52,000		111,089
Luzhou Laojiao Co. Ltd., Class A		2,300		47,066
Meituan, Class B^(a)(b)		54,800		440,769
MINISO Group Holding Ltd.		15,800		66,826
NARI Technology Co. Ltd., Class A		41,600		121,509
NetEase Inc.		32,600		633,682
New China Life Insurance Co. Ltd., Class H		52,200		93,158
New Oriental Education & Technology Group Inc.^(a)		23,800		183,694
Ningbo Deye Technology Co. Ltd., NVS		5,700		53,670
NIO Inc., ADR^(a)(c)		27,989		157,298
Nongfu Spring Co. Ltd., Class H^(b)		25,200		136,764
Offshore Oil Engineering Co. Ltd., Class A		66,700		51,924
PDD Holdings Inc., ADR^(a)		8,722		1,106,560
People.cn Co. Ltd.		13,200		39,530
People’s Insurance Co. Group of China Ltd. (The), Class H		936,000		290,982
Ping An Bank Co. Ltd., Class A		86,000		113,262
Ping An Insurance Group Co. of China Ltd., Class H		159,000		668,363
Qifu Technology Inc.		5,151		73,917
Shanghai Baosight Software Co. Ltd., Class B		38,200		75,260
Shanghai Pudong Development Bank Co. Ltd., Class A		96,900		92,137
Shanghai Putailai New Energy Technology Co. Ltd., Class A		31,110		71,200
Shanghai Rural Commercial Bank Co. Ltd.		134,500		118,311
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A		4,100		114,353
Shenzhen Senior Technology Material Co. Ltd., Class A		21,500		32,532
Shenzhou International Group Holdings Ltd.		2,700		24,045
Sichuan Chuantou Energy Co. Ltd., Class A		62,400		134,790
Sunny Optical Technology Group Co. Ltd.		4,600		28,273
TAL Education Group, ADR^(a)		7,991		85,024
Tencent Holdings Ltd.		87,900		3,051,123
Tencent Music Entertainment Group, ADR^(a)		3,928		36,923
TravelSky Technology Ltd., Class H		69,000		69,403
Trip.com Group Ltd.^(a)		3,710		135,042
Wuliangye Yibin Co. Ltd., Class A		5,900		104,001
WuXi AppTec Co. Ltd., Class H^(b)(c)		4,200		29,060
Wuxi Biologics Cayman Inc.^(a)(b)		43,000		113,156
XPeng Inc.^(a)(c)		20,300		84,542
Yantai Jereh Oilfield Services Group Co. Ltd., Class A		20,800		76,109
Yintai Gold Co. Ltd., Class A		41,600		81,665
Zangge Mining Co. Ltd.		26,800		92,353
Zhejiang Expressway Co. Ltd., Class H		434,720		322,936
ZTO Express Cayman Inc., ADR		1,772		28,990


				26,275,497

Colombia — 0.1%
Bancolombia SA		9,931		83,550


Security	Shares		Value

Colombia (continued)
Interconexion Electrica SA ESP		100,150	$	433,626


				517,176

Czech Republic — 0.0%
Komercni Banka AS		3,849		126,277


Denmark — 0.8%
Coloplast A/S, Class B		1,124		129,565
Danske Bank A/S		9,853		264,568
DSV A/S		1,694		303,073
Genmab A/S^(a)		295		81,574
Novo Nordisk A/S		44,934		5,136,153
Novozymes A/S, Class B		9,013		461,832
Vestas Wind Systems A/S^(a)		17,368		489,691


				6,866,456

Egypt — 0.0%
Commercial International Bank Egypt SAE		80,520		105,312
Eastern Co. SAE		225,240		111,348
EFG Holding S.A.E.^(a)		283,950		76,312


				292,972

Finland — 0.1%
Kone OYJ, Class B		3,641		180,234
Sampo OYJ, Class A		6,445		269,759


				449,993

France — 2.4%
Aeroports de Paris SA		1,456		194,827
AXA SA		36,920		1,239,231
BioMerieux		520		55,967
BNP Paribas SA		15,496		1,041,086
Bureau Veritas SA		6,864		182,575
Capgemini SE		872		193,864
Credit Agricole SA		6,448		92,367
Dassault Systemes SE		5,720		296,515
Edenred SE		2,245		134,090
EssilorLuxottica SA		5,261		1,031,014
Eurazeo SE		1,524		129,815
Getlink SE		17,329		298,597
Hermes International SCA		689		1,453,555
Kering SA		1,647		676,544
Klepierre SA		16,980		439,623
Legrand SA		8,153		790,153
L’Oreal SA		2,224		1,064,304
LVMH Moet Hennessy Louis Vuitton SE		4,082		3,396,463
Orange SA		13,638		162,182
Pernod Ricard SA		4,014		658,238
Publicis Groupe SA		4,778		478,725
Remy Cointreau SA		552		55,931
Sanofi SA		18,196		1,822,248
Schneider Electric SE		12,482		2,452,089
Societe Generale SA		17,362		446,290
Teleperformance SE		2,288		357,326
Thales SA		531		77,661
Unibail-Rodamco-Westfield, New^(a)		8,475		606,850
Vinci SA		4,599		580,956
Worldline SA/France^(a)(b)		21,946		296,677


				20,705,763

Germany — 1.5%
Allianz SE, Registered		7,807		2,085,843
Bayer AG, Registered		6,552		203,876
Delivery Hero SE^(a)(b)(c)		1,561		35,418
Deutsche Bank AG, Registered		53,479		690,827
Deutsche Boerse AG		3,438		684,642


Security	Shares		Value

Germany (continued)
Deutsche Telekom AG, Registered		59,590	$	1,462,804
Fresenius Medical Care AG & Co. KGaA		3,667		141,728
Fresenius SE & Co. KGaA		5,202		146,035
HelloFresh SE^(a)		1,770		23,408
Infineon Technologies AG		18,408		671,099
LEG Immobilien SE^(a)		893		74,101
Mercedes-Benz Group AG		7,801		526,667
Merck KGaA		1,417		232,495
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Registered		1,657		705,416
SAP SE		15,642		2,709,923
Scout24 SE^(b)		2,405		177,081
Siemens AG, Registered		8,514		1,524,209
Symrise AG, Class A		1,976		203,871
Vonovia SE		12,937		403,018


				12,702,461

Greece — 0.0%
Hellenic Telecommunications Organization SA		5,005		69,494
JUMBO SA		3,513		98,709
OPAP SA		2,172		37,603


				205,806

Hong Kong — 0.5%
AIA Group Ltd.		139,000		1,090,096
Budweiser Brewing Co. APAC Ltd.^(b)		31,200		49,176
CK Asset Holdings Ltd.		73,000		329,401
Futu Holdings Ltd., ADR^(a)		563		26,303
Galaxy Entertainment Group Ltd.		24,000		124,557
Hong Kong Exchanges & Clearing Ltd.		11,200		339,571
Hongkong Land Holdings Ltd.		38,200		119,241
Link REIT		91,000		456,427
MTR Corp. Ltd.		102,500		333,464
Power Assets Holdings Ltd.		52,000		304,470
Sands China Ltd.^(a)		41,600		109,190
Sun Hung Kai Properties Ltd.		64,000		597,337
Techtronic Industries Co. Ltd.		15,500		164,627


				4,043,860

India — 1.7%
ABB India Ltd.		2,795		157,416
Adani Green Energy Ltd.^(a)		16,853		341,381
Adani Ports & Special Economic Zone Ltd.		28,008		407,170
Apollo Hospitals Enterprise Ltd.		1,445		110,490
Asian Paints Ltd.		12,150		431,587
Astral Ltd.		6,957		153,272
Avenue Supermarts Ltd.^(a)(b)		7,984		364,806
Axis Bank Ltd.		6,055		77,851
Bandhan Bank Ltd.^(b)		21,680		59,726
Bharat Electronics Ltd.		544,400		1,219,328
Bharti Airtel Ltd.		66,138		932,977
Colgate-Palmolive India Ltd.		6,923		214,405
Divi’s Laboratories Ltd.		1,465		64,761
DLF Ltd.		37,204		359,148
Godrej Consumer Products Ltd.		7,696		107,922
HCL Technologies Ltd.		20,592		390,541
HDFC Bank Ltd.		20,671		363,517
Hindustan Unilever Ltd.		16,120		482,015
ICICI Bank Ltd.		36,690		454,411
Indian Hotels Co. Ltd., Class A		43,492		257,900
Infosys Ltd.		47,736		951,673
ITC Ltd.		135,096		718,182
Jio Financial Services Ltd., NVS^(a)		57,425		171,454
Jubilant Foodworks Ltd.		7,063		44,192


Security	Shares		Value

India (continued)
Kotak Mahindra Bank Ltd.		3,177	$	69,827
Max Healthcare Institute Ltd.		29,211		274,705
Nestle India Ltd., NVS		2,820		85,064
PI Industries Ltd.		9,044		367,523
Pidilite Industries Ltd.		6,018		183,423
Power Finance Corp. Ltd.		115,338		615,860
Power Grid Corp. of India Ltd.		362,721		1,132,903
Shriram Finance Ltd.		2,126		63,194
Siemens Ltd.		1,471		73,338
Sun Pharmaceutical Industries Ltd.		15,288		261,178
Supreme Industries Ltd.		2,279		113,386
Suzlon Energy Ltd.^(a)		98,779		54,620
Tata Communications Ltd.		10,001		209,206
Tata Consultancy Services Ltd.		18,469		848,301
Tech Mahindra Ltd.		7,938		127,171
Titan Co. Ltd.		5,286		235,215
Trent Ltd.		8,739		324,938
United Spirits Ltd.		12,584		165,006
Varun Beverages Ltd.		11,188		172,591
Wipro Ltd.		51,102		292,275
Zomato Ltd.^(a)		130,371		219,041


				14,724,890

Indonesia — 0.1%
Bank Mandiri Persero Tbk PT		394,400		166,048
Bank Rakyat Indonesia Persero Tbk PT		627,837		226,169
Sarana Menara Nusantara Tbk PT		1,800,900		101,300
Sumber Alfaria Trijaya Tbk PT		667,500		112,029
Telkom Indonesia Persero Tbk PT		2,109,900		529,220
Unilever Indonesia Tbk PT		488,900		96,045


				1,230,811

Ireland — 0.1%
AIB Group PLC		53,352		234,345
Bank of Ireland Group PLC		24,856		228,575
Flutter Entertainment PLC^(a)		3,744		768,479


				1,231,399

Israel — 0.2%
Bank Hapoalim BM		8,990		76,486
Bank Leumi Le-Israel BM		33,438		253,967
Check Point Software Technologies Ltd.^(a)(c)		3,120		495,861
Elbit Systems Ltd.		670		138,210
Isracard Ltd.		—		1
Israel Discount Bank Ltd., Class A		35,311		171,290
Mizrahi Tefahot Bank Ltd.		2,450		91,182
Nice Ltd.^(a)		936		194,203
Teva Pharmaceutical Industries Ltd., ADR^(a)		28,099		339,998


				1,761,198

Italy — 0.8%
Ferrari NV		5,230		1,823,895
Intesa Sanpaolo SpA		214,271		660,232
Moncler SpA		5,050		310,659
Nexi SpA^(a)(b)		5,010		38,429
Poste Italiane SpA^(b)		36,754		398,547
Snam SpA		159,935		781,114
Tenaris SA, NVS		100,696		1,590,422
Terna - Rete Elettrica Nazionale		75,683		638,163
UniCredit SpA		29,331		859,165


				7,100,626

Japan — 5.7%
Advantest Corp.		21,400		851,673
Asahi Intecc Co. Ltd.		4,900		93,104
Astellas Pharma Inc.		31,800		370,231


Security	Shares		Value

Japan (continued)
Bandai Namco Holdings Inc.		4,500	$	97,436
BayCurrent Consulting Inc.		5,600		130,194
Capcom Co. Ltd.		4,600		175,438
Central Japan Railway Co.		50,200		1,254,630
Chiba Bank Ltd. (The)		17,900		132,644
Chugai Pharmaceutical Co. Ltd.		19,200		690,628
Concordia Financial Group Ltd.		62,400		297,364
Dai-ichi Life Holdings Inc.		11,900		261,000
Daiichi Sankyo Co. Ltd.		29,200		874,220
Daiwa House Industry Co. Ltd.		900		27,830
Daiwa Securities Group Inc.		66,500		476,596
Dentsu Group Inc.		5,900		156,593
Disco Corp.		4,200		1,133,324
East Japan Railway Co.		12,300		703,469
FANUC Corp.		21,100		583,676
Fast Retailing Co. Ltd.		3,700		987,814
Fujitsu Ltd.		1,900		262,987
Hamamatsu Photonics KK		3,100		122,465
Hikari Tsushin Inc.		2,100		365,925
Hirose Electric Co. Ltd.		2,600		302,517
Hoya Corp.		9,600		1,219,479
Hulic Co. Ltd.		83,000		916,514
Ibiden Co. Ltd.		4,000		201,280
Japan Exchange Group Inc.		14,300		316,483
Japan Post Bank Co. Ltd.		27,700		288,076
Japan Post Holdings Co. Ltd.		70,700		676,789
Japan Tobacco Inc.		47,700		1,257,247
KDDI Corp.		27,200		901,273
Keisei Electric Railway Co. Ltd.		9,400		425,349
Keyence Corp.		3,700		1,655,372
Koei Tecmo Holdings Co. Ltd.		6,900		85,947
Konami Group Corp.		4,000		245,993
Kose Corp.		1,000		65,423
Lasertec Corp.		2,300		598,987
LY Corp.		52,000		161,774
M3 Inc.		17,400		274,572
MatsukiyoCocokara & Co.		5,500		99,972
Mitsubishi Estate Co. Ltd.		49,600		687,253
Mitsubishi HC Capital Inc.		154,400		1,094,765
Mitsubishi UFJ Financial Group Inc.		194,700		1,823,667
Mitsui Fudosan Co. Ltd.		37,100		931,350
Mizuho Financial Group Inc.		39,700		721,014
MS&AD Insurance Group Holdings Inc.		12,100		499,666
Murata Manufacturing Co. Ltd.		30,000		605,764
Nexon Co. Ltd.		16,500		263,324
Nintendo Co. Ltd.		16,600		927,457
Nippon Paint Holdings Co. Ltd.		19,700		155,164
Nippon Telegraph & Telephone Corp.		483,500		607,157
Nomura Holdings Inc.		142,200		765,910
Nomura Real Estate Holdings Inc.		10,400		284,603
Nomura Research Institute Ltd.		10,400		318,069
NTT Data Group Corp.		28,000		403,301
Obic Co. Ltd.		2,800		430,107
Odakyu Electric Railway Co. Ltd.		19,400		296,442
Olympus Corp.		13,500		199,849
Omron Corp.		2,700		121,406
Ono Pharmaceutical Co. Ltd.		8,600		155,007
Oracle Corp. Japan		1,700		133,975
Oriental Land Co. Ltd./Japan		28,400		1,054,778
ORIX Corp.		55,700		1,075,526
Pan Pacific International Holdings Corp.		7,700		166,447
Rakuten Group Inc.^(a)		11,000		48,320


Security	Shares		Value

Japan (continued)
Recruit Holdings Co. Ltd.		26,200	$	1,034,866
Renesas Electronics Corp.^(a)		28,500		467,616
Resona Holdings Inc.		73,000		402,979
SBI Holdings Inc.		4,700		115,459
Secom Co. Ltd.		10,400		754,835
Shimano Inc.		600		86,145
Shin-Etsu Chemical Co. Ltd.		34,600		1,361,931
Shionogi & Co. Ltd.		8,500		407,969
Shiseido Co. Ltd.		8,500		236,952
SMC Corp.		2,400		1,335,947
SoftBank Corp.		41,600		552,691
SoftBank Group Corp.		25,800		1,113,802
Sompo Holdings Inc.		3,700		191,850
Sony Group Corp.		22,800		2,235,957
Sumitomo Mitsui Financial Group Inc.		22,300		1,159,898
Sumitomo Mitsui Trust Holdings Inc.		5,600		114,762
Sumitomo Realty & Development Co. Ltd.		25,900		814,533
Sysmex Corp.		4,300		232,941
T&D Holdings Inc.		3,400		56,300
Takeda Pharmaceutical Co. Ltd.		28,775		845,711
Tobu Railway Co. Ltd.		4,200		111,230
Tokio Marine Holdings Inc.		36,700		967,684
Tokyo Electron Ltd.		4,000		742,290
Tokyu Corp.		4,000		46,937
Trend Micro Inc./Japan^(a)		3,800		217,396
USS Co. Ltd.		19,700		372,555
West Japan Railway Co.		2,600		108,289
ZOZO Inc.		1,700		37,224


				49,639,358

Kazakhstan — 0.0%
Polymetal International PLC^(a)(d)		12,434		1


Kuwait — 0.1%
Agility Public Warehousing Co. KSC^(a)		287,940		541,814
Mabanee Co. KPSC		21,148		52,956
Mobile Telecommunications Co. KSCP		127,790		218,404
National Bank of Kuwait SAKP		55,984		178,254


				991,428

Malaysia — 0.1%
Dialog Group Bhd		949,600		367,247
Gamuda Bhd^(c)		116,000		123,848
IHH Healthcare Bhd		60,500		78,057
Malaysia Airports Holdings Bhd		23,300		37,888
Telekom Malaysia Bhd		165,700		207,088


				814,128

Mexico — 0.3%
America Movil SAB de CV		158,090		142,829
Fibra Uno Administracion SA de CV		197,600		335,925
Grupo Aeroportuario del Centro Norte SAB de CV, Class B		20,800		190,422
Grupo Aeroportuario del Pacifico SAB de CV, Class B		19,600		305,134
Grupo Aeroportuario del Sureste SAB de CV, Class B		9,055		263,961
Grupo Financiero Banorte SAB de CV, Class O		13,101		133,252
Grupo Mexico SAB de CV, Series B		83,034		428,449
Prologis Property Mexico SA de CV		26,201		107,977
Promotora y Operadora de Infraestructura SAB de CV		5,565		54,756
Wal-Mart de Mexico SAB de CV		87,900		363,162


				2,325,867

Netherlands — 1.1%
Adyen NV^(a)(b)		264		331,105
AerCap Holdings NV^(a)		12,985		994,132


Security	Shares		Value

Netherlands (continued)
ASM International NV		227	$	125,811
ASML Holding NV		5,185		4,498,443
BE Semiconductor Industries NV		339		50,944
Davide Campari-Milano NV		4,480		45,388
EXOR NV, NVS		12,532		1,212,502
Ferrovial SE		3,688		140,643
NEPI Rockcastle NV		54,813		369,119
NN Group NV		6,894		282,573
Pepco Group NV^(a)		20,310		111,203
Prosus NV		26,467		787,438
Universal Music Group NV		2,508		73,930
Wolters Kluwer NV		4,806		708,486


				9,731,717

Norway — 0.5%
Adevinta ASA^(a)		17,160		184,371
DNB Bank ASA		78,163		1,519,466
Gjensidige Forsikring ASA		47,902		770,479
Mowi ASA		39,259		706,675
Salmar ASA		7,738		429,540
Telenor ASA		52,003		577,028


				4,187,559

Peru — 0.1%
Southern Copper Corp.		12,379		1,016,316


Philippines — 0.1%
Ayala Land Inc.		135,900		82,125
International Container Terminal Services Inc.		57,200		247,333
PLDT Inc.		4,080		92,266
SM Investments Corp.		9,360		149,430
SM Prime Holdings Inc.		155,100		94,363


				665,517

Poland — 0.1%
Allegro.eu SA ^(a)(b)		16,790		126,749
CD Projekt SA		2,880		75,176
Dino Polska SA^(a)(b)		1,846		199,234
Powszechny Zaklad Ubezpieczen SA		42,466		511,298


				912,457

Qatar — 0.2%
Barwa Real Estate Co.		548,392		433,020
Commercial Bank PSQC (The)		18,824		27,083
Mesaieed Petrochemical Holding Co.		1,126,736		519,247
Ooredoo QPSC		150,904		442,922
Qatar Islamic Bank SAQ		16,744		89,565
Qatar National Bank QPSC		62,064		263,662


				1,775,499

Russia — 0.0%
Alrosa PJSC^(d)		184,910		21
Mobile TeleSystems PJSC^(d)		73,304		8
Moscow Exchange MICEX-RTS PJSC^(d)		152,460		17
Ozon Holdings PLC, ADR^(a)(d)		5,270		1
Polyus PJSC^(a)(d)		1,430		—
Sberbank of Russia PJSC^(d)		292,860		32
TCS Group Holding PLC, GDR^(a)(d)(e)		4,185		—
United Co. RUSAL International PJSC^(a)(d)		509,950		57
VK Co. Ltd.^(a)(d)		22,940		3
VTB Bank PJSC^(a)(d)		22,490,000		2
Yandex NV^(a)(d)		9,920		1


				142

Saudi Arabia — 0.9%
Al Rajhi Bank		38,786		865,816
Alinma Bank		29,473		324,624


Security	Shares		Value

Saudi Arabia (continued)
Arab National Bank		12,793	$	85,065
Arabian Internet & Communications Services Co.		4,014		350,225
Bank AlBilad		8,997		106,666
Banque Saudi Fransi		3,887		41,339
Bupa Arabia for Cooperative Insurance Co.		2,287		125,921
Co. for Cooperative Insurance (The)		4,790		156,499
Dallah Healthcare Co.		3,848		169,513
Dar Al Arkan Real Estate Development Co.^(a)		73,366		253,566
Dr Sulaiman Al Habib Medical Services Group Co.		7,016		542,352
Elm Co.		2,457		589,787
Etihad Etisalat Co.		25,711		357,202
Jarir Marketing Co.		40,847		165,998
Mouwasat Medical Services Co.		8,851		279,719
Nahdi Medical Co.		9,683		363,104
Reinet Investments SCA		8,973		224,889
Riyad Bank		40,456		305,335
Saudi Awwal Bank		6,370		60,855
Saudi Investment Bank (The)		14,040		58,299
Saudi National Bank (The)		38,343		414,086
Saudi Research & Media Group^(a)		6,449		356,568
Saudi Tadawul Group Holding Co.		2,877		158,434
Saudi Telecom Co.		94,241		1,025,493


				7,381,355

Singapore — 0.3%
CapitaLand Ascendas REIT		129,102		279,793
CapitaLand Integrated Commercial Trust		49,100		73,197
CapitaLand Investment Ltd./Singapore		104,000		228,310
City Developments Ltd.		89,400		405,768
DBS Group Holdings Ltd.		4,700		111,321
Genting Singapore Ltd.		707,200		531,110
Grab Holdings Ltd., Class A^(a)		32,154		98,713
Keppel Ltd.		32,000		170,040
Sea Ltd., ADR^(a)		2,704		103,130
Seatrium Ltd.^(a)(c)		349,822		25,961
Singapore Telecommunications Ltd.		293,600		523,942
United Overseas Bank Ltd.		2,300		48,481
UOL Group Ltd.		24,400		113,303


				2,713,069

South Africa — 0.2%
Capitec Bank Holdings Ltd.		936		99,690
FirstRand Ltd.		99,197		359,264
MTN Group Ltd.		61,599		314,337
Naspers Ltd., Class N		3,931		658,699
Sanlam Ltd.		61,984		236,481


				1,668,471

South Korea — 1.4%
Amorepacific Corp.^(a)		935		82,476
Celltrion Inc.		3,178		426,458
DB Insurance Co. Ltd.^(a)		1,664		109,767
Ecopro BM Co. Ltd.^(a)		832		132,065
Ecopro Co. Ltd.^(a)		310		115,632
F&F Co. Ltd./New^(a)		2,702		143,493
Hana Financial Group Inc.		15,189		543,120
HLB Inc.^(a)		2,617		131,998
Hotel Shilla Co. Ltd.		715		31,144
HYBE Co. Ltd.^(a)		700		105,541
Industrial Bank of Korea^(a)		66,808		626,820
JYP Entertainment Corp.^(a)		1,696		95,450
Kakao Corp.^(a)		9,321		364,505
KakaoBank Corp.^(a)		2,214		45,000
Kangwon Land Inc.^(a)		13,000		145,855


Security	Shares		Value

South Korea (continued)
KB Financial Group Inc.		13,238	$	561,791
Korea Investment Holdings Co. Ltd.^(a)		10,668		489,834
Krafton Inc.^(a)		312		50,031
KT&G Corp.		5,255		356,889
Kum Yang Co. Ltd.^(a)		2,458		143,597
LG Energy Solution Ltd.^(a)		1,146		325,281
LG H&H Co. Ltd.		208		47,143
Meritz Financial Group Inc.^(a)		5,928		304,344
Mirae Asset Securities Co. Ltd.^(a)		55,640		327,147
NAVER Corp.^(a)		3,120		465,261
NCSoft Corp.^(a)		694		102,427
NH Investment & Securities Co. Ltd.^(a)		10,946		86,849
Posco DX Co. Ltd.^(a)		2,777		118,346
POSCO Future M Co. Ltd.^(a)		289		54,437
Samsung Biologics Co. Ltd.^(a)(b)		377		237,311
Samsung Electronics Co. Ltd.		55,208		2,999,828
Samsung Life Insurance Co. Ltd.		2,184		113,493
Samsung SDI Co. Ltd.		88		24,422
Samsung Securities Co. Ltd.		13,201		371,055
Shinhan Financial Group Co. Ltd.		18,971		581,273
SK Hynix Inc.		2,954		295,816
SK IE Technology Co. Ltd.^(a)(b)		5,013		277,855
SK Square Co. Ltd.^(a)		5,014		194,785
Woori Financial Group Inc.		62,608		649,142


				12,277,681

Spain — 0.7%
Aena SME SA^(b)		4,536		802,451
Amadeus IT Group SA		16,302		1,142,450
Banco Bilbao Vizcaya Argentaria SA		114,068		1,067,612
Banco Santander SA		255,216		1,025,728
Cellnex Telecom SA^(b)		3,432		132,054
Corp. ACCIONA Energias Renovables SA		9,256		240,518
EDP Renovaveis SA		80,079		1,296,738
Grifols SA^(a)		3,012		32,809
Iberdrola SA		13,344		160,675
Iberdrola SA, NVS		230		2,770
Redeia Corp. SA		9,559		159,063
Telefonica SA		98,856		402,229


				6,465,097

Sweden — 0.7%
Alfa Laval AB		7,050		258,684
Assa Abloy AB, Class B		1,028		28,194
Atlas Copco AB, Class A		27,805		443,751
Atlas Copco AB, Class B		72,539		1,004,517
Epiroc AB		3,681		65,039
Evolution AB^(b)		3,436		401,200
Getinge AB, Class B		2,808		60,027
Hexagon AB, Class B		76,777		837,912
Industrivarden AB, Class C		21,313		669,848
Investment AB Latour, Class B		2,062		51,861
Investor AB, Class B		53,747		1,265,460
Nibe Industrier AB, Class B		32,272		192,831
Svenska Handelsbanken AB, Class A		23,524		253,596
Swedbank AB, Class A		12,888		262,631
Tele2 AB, Class B		16,120		137,440


				5,932,991

Switzerland — 2.3%
ABB Ltd., Registered		33,785		1,429,504
Alcon Inc.		7,142		537,614
Avolta AG, Registered^(a)		8,945		341,742


Security	Shares		Value

Switzerland (continued)
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates, NVS		9	$	114,381
Cie. Financiere Richemont SA, Class A, Registered		9,338		1,387,016
DSM-Firmenich AG		2,650		280,186
Geberit AG, Registered		518		298,175
Givaudan SA, Registered		260		1,081,219
Julius Baer Group Ltd.		1,867		101,642
Lonza Group AG, Registered		743		363,257
Nestle SA, Registered		21,699		2,472,612
Novartis AG, Registered		27,335		2,826,814
Roche Holding AG, NVS		8,216		2,339,230
Sandoz Group AG^(a)		8,231		282,282
SGS SA		2,600		240,255
Sika AG, Registered		2,897		799,740
Sonova Holding AG, Registered		685		218,924
STMicroelectronics NV		9,558		419,668
Straumann Holding AG		1,872		284,359
Swatch Group AG (The), Registered		1,439		65,473
Swiss Life Holding AG, Registered		204		146,498
Swiss Re AG		4,135		473,459
Swisscom AG, Registered		51		30,512
Temenos AG, Registered		1,560		158,762
UBS Group AG, Registered		55,116		1,649,766
VAT Group AG^(b)		832		387,320
Zurich Insurance Group AG		2,043		1,038,027


				19,768,437

Taiwan — 1.6%
Accton Technology Corp.		9,000		151,403
Advantech Co. Ltd.		14,000		150,909
Airtac International Group		10,000		299,698
Alchip Technologies Ltd.		1,000		124,040
Catcher Technology Co. Ltd.		70,000		434,962
Cathay Financial Holding Co. Ltd.		520,103		731,384
Chailease Holding Co. Ltd.		49,720		275,226
China Development Financial Holding Corp.^(a)		1,206,542		463,212
Chunghwa Telecom Co. Ltd.		81,000		307,064
CTBC Financial Holding Co. Ltd.		313,400		284,320
Delta Electronics Inc.		30,000		268,458
E Ink Holdings Inc.		46,000		305,058
Eclat Textile Co. Ltd.		5,000		87,266
eMemory Technology Inc.		2,000		178,379
Fubon Financial Holding Co. Ltd.		196,538		403,993
Global Unichip Corp.		2,000		98,193
Globalwafers Co. Ltd.		10,000		184,746
Largan Precision Co. Ltd.		4,000		317,139
MediaTek Inc.		20,000		617,152
Nan Ya Printed Circuit Board Corp.		10,000		72,194
Novatek Microelectronics Corp.		4,000		65,159
PharmaEssentia Corp.^(a)		5,000		50,205
Silergy Corp.		11,000		135,374
Taiwan High Speed Rail Corp.		282,000		266,080
Taiwan Semiconductor Manufacturing Co. Ltd.		347,000		6,946,417
Unimicron Technology Corp.		10,000		56,103
United Microelectronics Corp.		77,000		119,940
Voltronic Power Technology Corp.		2,000		85,526
Yageo Corp.		14,000		246,247


				13,725,847

Thailand — 0.1%
Airports of Thailand PCL, NVDR		393,200		662,092
Bangkok Dusit Medical Services PCL, NVDR		105,100		81,467
Bumrungrad Hospital PCL, NVDR		24,700		167,111


Security	Shares		Value

Thailand (continued)
Delta Electronics Thailand PCL, NVDR^(c)		95,000	$	210,237
Minor International PCL, NVDR		136,800		117,617


				1,238,524

Turkey — 0.1%
Aselsan Elektronik Sanayi Ve Ticaret AS		255,904		426,717
Hektas Ticaret TAS^(a)		151,943		89,039
Turkcell Iletisim Hizmetleri AS		19,982		45,140
Yapi ve Kredi Bankasi AS		19,476		13,989


				574,885

United Arab Emirates — 0.1%
Aldar Properties PJSC		47,196		65,533
Emaar Properties PJSC		253,391		512,324
Emirates NBD Bank PJSC		25,488		122,827
Emirates Telecommunications Group Co. PJSC		14,243		74,376
Multiply Group PJSC^(a)		429,417		337,185


				1,112,245

United Kingdom — 3.2%
3i Group PLC		50,384		1,577,268
Admiral Group PLC		2,056		65,375
Antofagasta PLC		49,336		1,075,286
Ashtead Group PLC		18,785		1,228,387
AstraZeneca PLC		20,653		2,738,109
Auto Trader Group PLC^(b)		5,879		54,086
Barclays PLC		398,432		740,417
British American Tobacco PLC		65,620		1,934,714
BT Group PLC		197,690		280,074
Burberry Group PLC		7,488		123,342
Compass Group PLC		14,977		412,523
Croda International PLC		6,989		423,020
Diageo PLC		44,785		1,617,539
Entain PLC		1,667		20,305
Experian PLC		17,439		725,853
GSK PLC		63,006		1,246,116
Haleon PLC		101,065		410,502
HSBC Holdings PLC		276,666		2,160,126
Imperial Brands PLC		23,921		574,227
Informa PLC		28,299		277,940
Intertek Group PLC		1,891		107,334
Legal & General Group PLC		146,492		471,183
Lloyds Banking Group PLC		1,005,264		538,877
London Stock Exchange Group PLC		4,368		494,082
National Grid PLC		53,144		707,830
NatWest Group PLC, NVS		170,328		480,689
Ocado Group PLC^(a)		11,674		79,966
Pearson PLC		14,872		182,446
Prudential PLC		44,393		456,030
Reckitt Benckiser Group PLC		8,842		639,285
RELX PLC		37,282		1,538,779
Rentokil Initial PLC		46,674		240,359
Severn Trent PLC		16,015		526,429
Smiths Group PLC		15,674		321,217
Spirax-Sarco Engineering PLC		876		110,254
Standard Chartered PLC		17,483		132,129
Unilever PLC		25,794		1,255,142
United Utilities Group PLC		53,432		719,663
Vodafone Group PLC		416,936		354,454
Whitbread PLC		6,371		288,784
WPP PLC		15,784		152,639


				27,482,780

United States — 62.0%
Abbott Laboratories		21,603		2,444,379


Security	Shares		Value

United States (continued)
AbbVie Inc.		24,806	$	4,078,106
Accenture PLC, Class A		8,262		3,006,377
Adobe Inc.^(a)		5,829		3,601,040
Advanced Micro Devices Inc.^(a)		21,685		3,636,358
AECOM		2,456		216,595
Aflac Inc.		13,002		1,096,589
Agilent Technologies Inc.		3,495		454,699
Airbnb Inc.^(a)		7,978		1,149,949
Akamai Technologies Inc.^(a)		4,305		530,505
Albemarle Corp.		6,566		753,383
Alexandria Real Estate Equities Inc.		1,177		142,299
Align Technology Inc.^(a)		1,144		305,814
Allegion PLC		4,914		608,795
Allstate Corp. (The)		1,299		201,670
Alphabet Inc., Class A^(a)		78,959		11,062,156
Alphabet Inc., Class C, NVS^(a)		64,081		9,086,686
Altria Group Inc.		54,801		2,198,616
Amazon.com Inc.^(a)		119,059		18,477,957
American Express Co.		8,684		1,743,226
American Financial Group Inc./OH		885		106,554
American International Group Inc.		14,808		1,029,304
American Tower Corp.		6,755		1,321,616
American Water Works Co. Inc.		10,745		1,332,595
Ameriprise Financial Inc.		996		385,283
AMETEK Inc.		10,752		1,742,362
Amgen Inc.		8,300		2,608,358
Amphenol Corp., Class A		12,616		1,275,478
Analog Devices Inc.		8,175		1,572,543
Annaly Capital Management Inc.		11,071		212,452
Ansys Inc.^(a)		631		206,861
Aon PLC, Class A		2,405		717,724
Apollo Global Management Inc.		5,390		541,156
Apple Inc.		202,824		37,400,751
Applied Materials Inc.		4,482		736,393
Arch Capital Group Ltd.^(a)		7,084		583,934
Arista Networks Inc.^(a)		3,596		930,213
Arthur J Gallagher & Co.		2,290		531,646
Aspen Technology Inc.^(a)		600		115,194
AT&T Inc.		102,594		1,814,888
Atlassian Corp., NVS^(a)		1,481		369,909
Autodesk Inc.^(a)		2,767		702,292
Automatic Data Processing Inc.		8,328		2,046,856
AvalonBay Communities Inc.		1,645		294,471
Avery Dennison Corp.		57		11,369
Axon Enterprise Inc.^(a)		4,424		1,101,841
Baker Hughes Co., Class A		69,495		1,980,607
Bank of America Corp.		87,281		2,968,427
Bank of New York Mellon Corp. (The)		11,974		664,078
Bath & Body Works Inc.		6,295		268,545
Baxter International Inc.		2,548		98,582
Becton Dickinson and Co.		5,114		1,221,274
Berkshire Hathaway Inc., Class B^(a)		14,003		5,373,511
Biogen Inc.^(a)		1,860		458,788
BlackRock Inc.^(f)		1,585		1,227,281
Blackstone Inc., NVS		9,464		1,177,795
Block Inc.^(a)		4,869		316,534
Booking Holdings Inc.^(a)		492		1,725,675
Booz Allen Hamilton Holding Corp., Class A		2,762		388,807
Boston Properties Inc.		3,843		255,559
Boston Scientific Corp.^(a)		20,912		1,322,893
Bristol-Myers Squibb Co.		42,687		2,086,114
Broadcom Inc.		6,407		7,560,260


Security	Shares		Value

United States (continued)
Broadridge Financial Solutions Inc.		3,433	$	701,019
Brown & Brown Inc.		2,209		171,330
Brown-Forman Corp., Class B		9,197		504,915
Burlington Stores Inc.^(a)		296		56,580
Cadence Design Systems Inc.^(a)		3,212		926,533
Caesars Entertainment Inc.^(a)		2,188		95,988
Capital One Financial Corp.		4,576		619,224
Cardinal Health Inc.		4,034		440,472
Carlyle Group Inc. (The)		3,178		127,184
Carnival Corp.^(a)		10,934		181,286
Catalent Inc.^(a)(c)		1,518		78,390
Cboe Global Markets Inc.		385		70,782
CDW Corp./DE		986		223,546
Celsius Holdings Inc.^(a)(c)		5,108		254,889
Centene Corp.^(a)		2,751		207,178
Ceridian HCM Holding Inc.^(a)		3,493		242,833
Charles River Laboratories International Inc.^(a)		253		54,719
Charles Schwab Corp. (The)		19,248		1,211,084
Charter Communications Inc., Class A^(a)		1,974		731,782
Chipotle Mexican Grill Inc., Class A^(a)		441		1,062,268
Chubb Ltd.		7,155		1,752,975
Church & Dwight Co. Inc.		4,804		479,679
Cigna Group (The)		3,180		957,021
Cintas Corp.		1,875		1,133,569
Cisco Systems Inc.		71,817		3,603,777
Citigroup Inc.		34,265		1,924,665
Citizens Financial Group Inc.		23,914		781,988
Cloudflare Inc., Class A^(a)		1,249		98,733
CME Group Inc.		4,647		956,538
Coca-Cola Co. (The)		66,456		3,953,467
Cognizant Technology Solutions Corp., Class A		7,723		595,598
Coinbase Global Inc., Class A^(a)		2,275		291,655
Colgate-Palmolive Co.		13,523		1,138,637
Comcast Corp., Class A		60,268		2,804,873
Constellation Brands Inc., Class A		4,470		1,095,508
Constellation Energy Corp.		5,006		610,732
Cooper Companies Inc. (The)		972		362,585
Corteva Inc.		35,092		1,595,984
CoStar Group Inc.^(a)		5,480		457,470
Costco Wholesale Corp.		4,285		2,977,561
Crowdstrike Holdings Inc., Class A^(a)		1,949		570,082
Crown Castle Inc.		7,543		816,530
CSX Corp.		32,498		1,160,179
CVS Health Corp.		11,926		886,937
Danaher Corp.		9,422		2,260,432
Darden Restaurants Inc.		299		48,611
Darling Ingredients Inc.^(a)		2,126		92,056
Datadog Inc., Class A^(a)		2,288		284,719
DaVita Inc.^(a)		2,313		250,174
Deckers Outdoor Corp.^(a)		547		412,290
Deere & Co.		3,395		1,336,204
Dexcom Inc.^(a)		5,287		641,577
Digital Realty Trust Inc.		3,568		501,161
Discover Financial Services		5,044		532,243
Dollar General Corp.		4,589		606,069
Dollar Tree Inc.^(a)		4,640		606,077
Domino’s Pizza Inc.		85		36,229
DoorDash Inc., Class A^(a)		3,889		405,234
DraftKings Inc., Class A ^(a)		7,035		274,717
Dropbox Inc., Class A^(a)		4,540		143,827
Eaton Corp. PLC		3,637		894,993
eBay Inc.		22,880		939,682


Security	Shares		Value

United States (continued)
Ecolab Inc.		6,212	$	1,231,343
Edison International		21,042		1,419,914
Edwards Lifesciences Corp.^(a)		9,336		732,596
Electronic Arts Inc.		4,201		577,974
Elevance Health Inc.		2,582		1,274,062
Eli Lilly & Co.		10,487		6,770,512
Emerson Electric Co.		8,129		745,673
Enphase Energy Inc.^(a)		3,165		329,571
Entegris Inc.		1,163		136,885
EPAM Systems Inc.^(a)		708		196,902
Equifax Inc.		2,810		686,595
Equinix Inc.		1,242		1,030,574
Equitable Holdings Inc.		22,859		747,261
Equity Residential		3,116		187,552
Erie Indemnity Co., Class A, NVS		270		93,374
Essential Utilities Inc.		8,716		312,556
Essex Property Trust Inc.		323		75,346
Estee Lauder Companies Inc. (The), Class A		5,488		724,361
Etsy Inc.^(a)(c)		2,992		199,147
Everest Group Ltd.		577		222,128
Eversource Energy		6,665		361,376
Exact Sciences Corp.^(a)		1,377		90,056
Exelon Corp.		3,409		118,667
Extra Space Storage Inc.		3,382		488,496
F5 Inc.^(a)		2,227		409,100
Fair Isaac Corp.^(a)		312		374,035
Fastenal Co.		12,109		826,197
FedEx Corp.		958		231,156
Fidelity National Financial Inc.		3,777		188,963
Fidelity National Information Services Inc.		8,566		533,319
Fifth Third Bancorp		7,904		270,633
First Citizens BancShares Inc./NC, Class A		179		270,290
First Solar Inc.^(a)		2,397		350,681
Fiserv Inc.^(a)		9,177		1,301,941
FleetCor Technologies Inc.^(a)		1,271		368,501
FMC Corp.		13,821		776,740
Fortinet Inc.^(a)		6,838		440,983
Fortive Corp.		18,483		1,445,001
Fox Corp., Class A, NVS		1,810		58,463
Freeport-McMoRan Inc.		60,148		2,387,274
Gaming and Leisure Properties Inc.		1,643		75,003
Garmin Ltd.		5,042		602,469
Gartner Inc.^(a)		1,277		584,151
Gen Digital Inc.		25,736		604,281
General Mills Inc.		2,735		177,529
Gilead Sciences Inc.		20,987		1,642,443
Global Payments Inc.		4,472		595,805
Goldman Sachs Group Inc. (The)		4,576		1,757,230
Graco Inc.		8,022		684,277
Halliburton Co.		127,728		4,553,503
Hartford Financial Services Group Inc. (The)		4,580		398,277
HCA Healthcare Inc.		3,432		1,046,417
HEICO Corp., Class A		6,450		912,481
Hershey Co. (The)		3,224		623,973
Hilton Worldwide Holdings Inc.		2,808		536,216
Hologic Inc.^(a)		5,201		387,162
Home Depot Inc. (The)		13,469		4,754,018
Honeywell International Inc.		5,351		1,082,293
Host Hotels & Resorts Inc.		21,944		421,764
Hubbell Inc., Class B		1,708		573,154
HubSpot Inc.^(a)		199		121,589
Humana Inc.		1,282		484,673


Security	Shares		Value

United States (continued)
Huntington Bancshares Inc./OH		13,624	$	173,434
IDEX Corp.		4,365		923,197
IDEXX Laboratories Inc.^(a)		1,337		688,662
Illinois Tool Works Inc.		4,810		1,254,929
Illumina Inc.^(a)		1,007		144,011
Incyte Corp.^(a)		1,561		91,740
Ingersoll Rand Inc.		15,218		1,215,309
Insulet Corp.^(a)		544		103,833
Intel Corp.		56,361		2,428,032
Intercontinental Exchange Inc.		7,148		910,155
International Business Machines Corp.		15,123		2,777,490
International Flavors & Fragrances Inc.		3,096		249,785
Interpublic Group of Companies Inc. (The)		6,291		207,540
Intuit Inc.		3,620		2,285,415
Intuitive Surgical Inc.^(a)		4,772		1,804,866
Invitation Homes Inc.		5,668		186,647
IQVIA Holdings Inc.^(a)		3,120		649,678
Iron Mountain Inc.		4,992		337,060
Jack Henry & Associates Inc.		206		34,161
Jacobs Solutions Inc., NVS		3,795		511,452
Jazz Pharmaceuticals PLC^(a)		1,932		237,095
Johnson & Johnson		34,801		5,529,879
JPMorgan Chase & Co.		37,160		6,479,218
Kenvue Inc.		17,203		357,134
Keurig Dr Pepper Inc.		15,630		491,407
KeyCorp		16,750		243,377
Keysight Technologies Inc.^(a)		3,609		553,115
Kimco Realty Corp.		3,676		74,255
Kinder Morgan Inc.		110,243		1,865,312
KKR & Co. Inc.		6,465		559,740
KLA Corp.		3,142		1,866,474
Laboratory Corp. of America Holdings		1,590		353,457
Lam Research Corp.		1,828		1,508,411
Las Vegas Sands Corp.		9,418		460,729
Lattice Semiconductor Corp.^(a)		1,931		117,521
Leidos Holdings Inc.		2,916		322,130
Liberty Broadband Corp., Class C ^(a)		2,441		191,496
Liberty Media Corp.-Liberty Formula One, NVS^(a)(c)		4,680		314,730
Liberty Media Corp.-Liberty SiriusXM, NVS^(a)		11,544		350,476
Linde PLC		5,363		2,171,103
Live Nation Entertainment Inc.^(a)		788		70,014
Loews Corp.		24,477		1,783,394
Lowe’s Companies Inc.		8,463		1,801,265
LPL Financial Holdings Inc.		651		155,713
Lucid Group Inc.^(a)(c)		75,806		256,224
Lululemon Athletica Inc.^(a)		1,781		808,253
M&T Bank Corp.		3,036		419,272
MarketAxess Holdings Inc.		520		117,265
Marriott International Inc./MD, Class A		2,322		556,653
Marsh & McLennan Companies Inc.		7,990		1,548,782
Marvell Technology Inc.		13,878		939,541
Masco Corp.		3,506		235,919
Mastercard Inc., Class A		11,172		5,018,798
Match Group Inc.^(a)		2,123		81,481
McCormick & Co. Inc./MD, NVS		755		51,461
McDonald’s Corp.		11,963		3,501,809
Medtronic PLC		14,733		1,289,727
MercadoLibre Inc.^(a)(c)		728		1,246,198
Merck & Co. Inc.		34,409		4,155,919
Meta Platforms Inc., Class A^(a)		28,689		11,192,726
MetLife Inc.		13,245		918,143
Mettler-Toledo International Inc.^(a)		283		338,805


Security	Shares		Value

United States (continued)
MGM Resorts International		8,042	$	348,782
Microchip Technology Inc.		10,511		895,327
Micron Technology Inc.		9,881		847,296
Microsoft Corp.		90,211		35,866,089
Mid-America Apartment Communities Inc.		418		52,827
Moderna Inc.^(a)		2,175		219,784
Mondelez International Inc., Class A		16,218		1,220,729
MongoDB Inc., Class A^(a)		609		243,917
Monolithic Power Systems Inc.		498		300,155
Monster Beverage Corp.^(a)		14,189		780,679
Moody’s Corp.		1,357		531,998
Morgan Stanley		15,171		1,323,518
Motorola Solutions Inc.		3,581		1,144,129
NetApp Inc.		7,004		610,749
Netflix Inc.^(a)		6,021		3,396,506
Newmont Corp.		8,905		307,312
NextEra Energy Inc.		27,297		1,600,423
Nike Inc., Class B		16,638		1,689,256
Nordson Corp.		861		216,731
Norfolk Southern Corp.		3,079		724,304
Northern Trust Corp.		2,409		191,853
Nvidia Corp.		32,202		19,812,925
NXP Semiconductors NV		4,502		947,986
O’Reilly Automotive Inc.^(a)		289		295,661
Okta Inc.^(a)		656		54,218
Old Dominion Freight Line Inc.		1,433		560,332
Omnicom Group Inc.		2,519		227,667
ON Semiconductor Corp.^(a)		4,877		346,901
Oracle Corp.		24,073		2,688,954
Otis Worldwide Corp.		8,932		789,946
Palantir Technologies Inc.^(a)		24,819		399,338
Palo Alto Networks Inc.^(a)		3,731		1,262,981
Parker-Hannifin Corp.		5,945		2,761,452
Paychex Inc.		10,510		1,279,382
Paycom Software Inc.		1,985		377,626
Paylocity Holding Corp.^(a)(c)		984		155,875
PayPal Holdings Inc.^(a)		14,181		870,004
PepsiCo Inc.		16,219		2,733,388
Pfizer Inc.		82,120		2,223,810
PG&E Corp.		38,080		642,410
Philip Morris International Inc.		30,676		2,786,915
Pinterest Inc., Class A^(a)		6,150		230,440
PNC Financial Services Group Inc. (The)		5,459		825,455
Pool Corp.		47		17,449
PPG Industries Inc.		794		111,986
Principal Financial Group Inc.		4,955		391,940
Procter & Gamble Co. (The)		35,952		5,649,497
Progressive Corp. (The)		7,280		1,297,660
Prologis Inc.		13,033		1,651,151
Prudential Financial Inc.		1,100		115,423
PTC Inc.^(a)		1,875		338,719
Public Storage		3,018		854,667
Qualcomm Inc.		15,288		2,270,421
Quanta Services Inc.		197		38,228
Quest Diagnostics Inc.		2,646		339,826
Realty Income Corp.		2,198		119,549
Regency Centers Corp.		551		34,531
Regeneron Pharmaceuticals Inc.^(a)		1,456		1,372,688
Regions Financial Corp.		15,767		294,370
Reliance Steel & Aluminum Co.		5,767		1,646,017
ResMed Inc.		1,059		201,422
Revvity Inc.		972		104,179


Security	Shares		Value

United States (continued)
Rivian Automotive Inc., Class A^(a)(c)		20,719	$	317,208
Robert Half Inc.		1,884		149,853
ROBLOX Corp., Class A^(a)		3,229		125,317
Rockwell Automation Inc.		1,144		289,752
Roku Inc.^(a)		728		64,108
Rollins Inc.		5,616		243,229
Roper Technologies Inc.		3,008		1,615,296
Ross Stores Inc.		3,804		533,625
Royal Caribbean Cruises Ltd.^(a)		3,714		473,535
Royalty Pharma PLC, Class A		16,071		456,256
S&P Global Inc.		3,308		1,483,142
Salesforce Inc.^(a)		12,073		3,393,600
SBA Communications Corp., Class A		2,199		492,268
Schlumberger NV		43,818		2,133,937
Sempra Energy		3,779		270,425
ServiceNow Inc.^(a)		2,239		1,713,731
Sherwin-Williams Co. (The)		3,475		1,057,720
Simon Property Group Inc.		6,760		937,004
Sirius XM Holdings Inc.^(c)		50,760		258,368
Skyworks Solutions Inc.		1,352		141,230
Snap Inc., Class A, NVS^(a)		11,441		181,797
Snap-on Inc.		926		268,475
Snowflake Inc., Class A^(a)		2,936		574,399
Splunk Inc.^(a)		1,081		165,793
SS&C Technologies Holdings Inc.		16,618		1,014,030
Starbucks Corp.		17,587		1,636,119
State Street Corp.		4,368		322,664
Steel Dynamics Inc.		1,413		170,535
STERIS PLC		1,648		360,830
Stryker Corp.		3,853		1,292,604
Sun Communities Inc.		707		88,622
Super Micro Computer Inc.^(a)		903		478,238
Synchrony Financial		11,361		441,602
Synopsys Inc.^(a)		1,707		910,428
T-Mobile U.S. Inc.		6,369		1,026,874
T Rowe Price Group Inc.		2,325		252,146
Take-Two Interactive Software Inc.^(a)		1,866		307,759
Targa Resources Corp.		50,667		4,304,668
Target Corp.		5,681		790,113
TE Connectivity Ltd.		6,638		943,857
Teleflex Inc.		520		126,272
Teradyne Inc.^(c)		4,571		441,513
Tesla Inc.^(a)		38,548		7,219,655
Texas Instruments Inc.		14,256		2,282,671
Texas Pacific Land Corp.		991		1,448,178
Thermo Fisher Scientific Inc.		4,863		2,621,060
TJX Companies Inc. (The)		11,961		1,135,218
Trade Desk Inc. (The), Class A^(a)		6,304		431,383
Tradeweb Markets Inc., Class A		975		93,005
TransDigm Group Inc.		766		836,993
TransUnion		7,228		500,105
Travelers Cos. Inc. (The)		3,127		660,923
Trimble Inc.^(a)		10,989		558,901
Truist Financial Corp.		22,829		846,043
U.S. Bancorp		17,992		747,388
Uber Technologies Inc.^(a)		19,659		1,283,143
U-Haul Holding Co.		204		13,029
Ulta Beauty Inc.^(a)		1,346		675,759
Union Pacific Corp.		8,560		2,088,041
United Parcel Service Inc., Class B		7,474		1,060,561
United Rentals Inc.		3,069		1,919,353
United Therapeutics Corp.^(a)		824		176,979


Security	Shares		Value

United States (continued)
UnitedHealth Group Inc.		12,178	$	6,231,970
Vail Resorts Inc.		1,104		245,088
Veeva Systems Inc., Class A^(a)		3,605		747,713
VeriSign Inc.^(a)		1,136		225,928
Verisk Analytics Inc., Class A		3,700		893,661
Verizon Communications Inc.		63,266		2,679,315
Vertex Pharmaceuticals Inc.^(a)		3,432		1,487,360
Vertiv Holdings Co., Class A		5,285		297,704
Viatris Inc.		48,419		569,892
VICI Properties Inc., Class A		13,624		410,355
Visa Inc., Class A^(c)		21,741		5,940,946
Vulcan Materials Co.		3,572		807,308
W R Berkley Corp.		2,090		171,129
Walmart Inc.		15,427		2,549,312
Walgreens Boots Alliance Inc.		3,901		88,046
Walt Disney Co. (The)		23,362		2,243,920
Warner Bros. Discovery Inc.^(a)		16,330		163,627
Waters Corp.^(a)		481		152,818
Wells Fargo & Co.		45,729		2,294,681
Welltower Inc.		5,488		474,767
West Pharmaceutical Services Inc.		936		349,156
Westinghouse Air Brake Technologies Corp.		2,263		297,743
Williams Cos. Inc. (The)		1,285		44,538
Willis Towers Watson PLC		1,796		442,355
Workday Inc., Class A^(a)		1,560		454,069
WW Grainger Inc.		244		218,536
Wynn Resorts Ltd.		2,286		215,867
Xylem Inc./NY		7,241		814,178
Yum! Brands Inc.		2,919		377,981
Zillow Group Inc., Class C ^(a)		4,472		254,188
Zimmer Biomet Holdings Inc.		4,253		534,177
Zoetis Inc.		5,900		1,108,079
Zoom Video Communications Inc., Class A^(a)		2,392		154,547
Zscaler Inc.^(a)		176		41,478


			536,399,250


Total Common Stocks — 99.5% (Cost: $759,304,495)				860,893,857


Preferred Stocks

Brazil — 0.1%
Banco Bradesco SA, Preference Shares, NVS		113,347		351,178
Itau Unibanco Holding SA, Preference Shares, NVS		59,052		390,708


			741,886

Colombia — 0.0%
Bancolombia SA, Preference Shares, NVS		26,918		212,082


Germany — 0.1%
Dr Ing hc F Porsche AG, Preference Shares, NVS^(b)		5,848		496,507
Sartorius AG, Preference Shares, NVS		116		42,317


			538,824


Total Preferred Stocks — 0.2% (Cost: $1,456,201)				1,492,792


Security	Shares		Value

Rights

Brazil — 0.0%
Localiza Rent a Car SA, (Expires 02/19/24, Strike Price BRL 45.35)^(a)		35	$	64


Total Rights — 0.0% (Cost: $—)				64


Warrants

Canada — 0.0%
Constellation Software Inc., (Issued 08/29/23, 1 Share for 1 Warrant, Expires 03/31/40, Strike Price CAD 11.50 )^(d)		555		—


Total Warrants — 0.0% (Cost: $—)				—


Total Long-Term Investments — 99.7% (Cost: $760,760,696)				862,386,713


Short-Term Securities

Money Market Funds — 1.3%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.51%^(f)(g)(h)		10,358,627		10,364,842
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.32%^(f)(g)		1,150,000		1,150,000


Total Short-Term Securities — 1.3% (Cost: $11,511,983)				11,514,842


Total Investments — 101.0% (Cost: $772,272,679)				873,901,555

Liabilities in Excess of Other Assets — (1.0)%				(8,529,170	)


Net Assets — 100.0%			$	865,372,385

^(a)	Non-income producing security.

^(b)	Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(c)	All or a portion of this security is on loan.

^(d)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

^(e)	This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^(f)	Affiliate of the Fund.

^(g)	Annualized 7-day yield as of period end.

^(h)	All or a portion of this security was purchased with the cash collateral from loaned securities.

As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

For the period ended January 31, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.


Security	Shares		Value

Common Stocks

China — 29.2%
360 Security Technology Inc., Class A		145,600	$	137,906
37 Interactive Entertainment Network Technology Group Co. Ltd., Class A		72,849		168,359
3SBio Inc.^(a)		728,000		548,584
AAC Technologies Holdings Inc.		273,000		613,031
AECC Aviation Power Co. Ltd., Class A		73,891		322,900
Agricultural Bank of China Ltd., Class A		2,275,000		1,231,112
Agricultural Bank of China Ltd., Class H		10,738,000		4,157,656
Aier Eye Hospital Group Co. Ltd., Class A		249,760		445,764
Air China Ltd., Class A^(b)		254,819		252,232
Air China Ltd., Class H^(b)		732,000		408,946
Akeso Inc.^(a)(b)(c)		182,000		924,143
Alibaba Group Holding Ltd.		6,461,040		57,948,898
Alibaba Health Information Technology Ltd.^(b)(c)		2,192,000		805,463
Aluminum Corp. of China Ltd., Class A		382,299		303,449
Aluminum Corp. of China Ltd., Class H		1,462,000		712,522
Angel Yeast Co. Ltd., Class A		36,498		156,821
Anhui Conch Cement Co. Ltd., Class A		109,280		351,376
Anhui Conch Cement Co. Ltd., Class H		455,000		911,334
Anhui Gujing Distillery Co. Ltd., Class A		18,635		516,482
Anhui Gujing Distillery Co. Ltd., Class B		36,400		470,350
Anhui Kouzi Distillery Co. Ltd., Class A		18,200		98,566
Anhui Yingjia Distillery Co. Ltd., Class A		18,600		130,273
ANTA Sports Products Ltd.		509,600		4,301,255
Autohome Inc., ADR		25,844		651,269
AVIC Industry-Finance Holdings Co. Ltd., Class A		273,000		128,997
AviChina Industry & Technology Co. Ltd., Class H		913,000		336,748
Baidu Inc.^(b)		873,620		11,310,940
Bank of Beijing Co. Ltd., Class A		691,600		490,441
Bank of Chengdu Co. Ltd., Class A		91,000		158,596
Bank of China Ltd., Class A		946,400		568,983
Bank of China Ltd., Class H		31,668,000		11,884,054
Bank of Communications Co. Ltd., Class A		1,110,286		927,913
Bank of Communications Co. Ltd., Class H		3,458,100		2,045,829
Bank of Hangzhou Co. Ltd., Class A		182,060		276,259
Bank of Jiangsu Co. Ltd., Class A		382,200		389,257
Bank of Nanjing Co. Ltd., Class A		312,400		360,835
Bank of Ningbo Co. Ltd., Class A		182,025		545,641
Bank of Shanghai Co. Ltd., Class A		491,441		437,516
Baoshan Iron & Steel Co. Ltd., Class A		618,895		530,080
BeiGene Ltd.^(b)		273,030		3,094,306
Beijing Dabeinong Technology Group Co. Ltd., Class A		127,400		83,994
Beijing Enlight Media Co. Ltd., Class A		91,000		93,626
Beijing Enterprises Holdings Ltd.		182,000		658,717
Beijing Enterprises Water Group Ltd.		1,820,000		442,798
Beijing Kingsoft Office Software Inc., Class A		14,800		439,387
Beijing New Building Materials PLC, Class A		55,226		205,297
Beijing Shiji Information Technology Co. Ltd., Class A		102,096		100,828
Beijing Tongrentang Co. Ltd., Class A		36,400		221,298
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A		26,933		202,255
Beijing-Shanghai High Speed Railway Co. Ltd., Class A		855,400		591,131
Bethel Automotive Safety Systems Co. Ltd.		18,200		130,745
Betta Pharmaceuticals Co. Ltd., Class A		18,200		96,125
BGI Genomics Co. Ltd., Class A		18,290		95,349
Bilibili Inc.^(b)(c)		81,848		739,037
BOC Aviation Ltd.^(a)		91,200		683,759


Security	Shares		Value

China (continued)
BOE Technology Group Co. Ltd., Class A		1,055,600	$	528,619
Bosideng International Holdings Ltd.		1,592,000		719,675
Brilliance China Automotive Holdings Ltd.		1,092,000		582,199
BYD Co. Ltd., Class A		36,450		867,988
BYD Co. Ltd., Class H^(c)		421,000		9,426,256
BYD Electronic International Co. Ltd.		364,000		1,246,923
By-health Co. Ltd., Class A		54,600		114,272
C&D International Investment Group Ltd.		316,000		521,814
Caitong Securities Co. Ltd., Class A		193,208		199,867
Cambricon Technologies Corp. Ltd.		6,325		95,868
Canmax Technologies Co. Ltd., Class A		25,130		68,833
CGN Power Co. Ltd., Class H^(a)		4,370,000		1,224,583
Changchun High & New Technology Industry Group Inc., Class A		18,200		289,275
Changjiang Securities Co. Ltd., Class A		292,000		200,440
Chaozhou Three-Circle Group Co. Ltd., Class A		72,897		231,455
Chengxin Lithium Group Co. Ltd., Class A		36,400		102,693
China Cinda Asset Management Co. Ltd., Class H		3,822,000		366,708
China CITIC Bank Corp. Ltd., Class H		3,822,200		1,894,289
China Coal Energy Co. Ltd., Class H		910,000		999,343
China Communications Services Corp. Ltd., Class H		1,092,000		449,651
China Construction Bank Corp., Class A		309,400		295,629
China Construction Bank Corp., Class H		37,492,390		22,265,352
China CSSC Holdings Ltd., Class A		145,600		619,430
China Eastern Airlines Corp. Ltd., Class A^(b)		309,495		161,184
China Energy Engineering Corp. Ltd.		837,200		245,863
China Everbright Bank Co. Ltd., Class A		1,146,600		502,893
China Everbright Bank Co. Ltd., Class H		1,274,000		378,233
China Everbright Environment Group Ltd.		1,638,370		571,431
China Feihe Ltd.^(a)		1,638,000		750,423
China Galaxy Securities Co. Ltd., Class A		109,251		176,817
China Galaxy Securities Co. Ltd., Class H		1,274,000		624,216
China Gas Holdings Ltd.		1,164,800		1,061,975
China Greatwall Technology Group Co. Ltd., Class A		91,000		105,207
China Hongqiao Group Ltd.		1,001,000		733,847
China International Capital Corp. Ltd., Class A		54,600		245,600
China International Capital Corp. Ltd., Class H^(a)		655,200		778,799
China Jushi Co. Ltd., Class A		109,271		139,546
China Life Insurance Co. Ltd., Class A		72,890		292,127
China Life Insurance Co. Ltd., Class H		2,912,000		3,357,074
China Literature Ltd.^(a)(b)		146,200		425,230
China Longyuan Power Group Corp. Ltd., Class H		1,277,000		770,301
China Medical System Holdings Ltd.		546,000		780,251
China Mengniu Dairy Co. Ltd.		1,274,000		2,822,827
China Merchants Bank Co. Ltd., Class A		527,804		2,258,550
China Merchants Bank Co. Ltd., Class H		1,547,446		5,641,036
China Merchants Energy Shipping Co. Ltd., Class A		254,800		231,427
China Merchants Port Holdings Co. Ltd.		728,180		900,304
China Merchants Securities Co. Ltd., Class A		218,465		406,707
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		91,060		111,315
China Minsheng Banking Corp. Ltd., Class A		1,128,498		620,250
China Minsheng Banking Corp. Ltd., Class H		2,275,020		756,658
China National Building Material Co. Ltd., Class H		1,456,000		513,595
China National Chemical Engineering Co. Ltd., Class A		200,256		178,611
China National Nuclear Power Co. Ltd., Class A		564,200		650,789
China National Software & Service Co. Ltd.,
Class A		24,650		91,004


Security	Shares		Value

China (continued)
China Northern Rare Earth Group High-Tech Co. Ltd., Class A		109,200	$	256,412
China Oilfield Services Ltd., Class H		868,000		834,239
China Overseas Land & Investment Ltd.		1,547,260		2,340,679
China Overseas Property Holdings Ltd.		835,000		553,430
China Pacific Insurance Group Co. Ltd., Class A		200,298		695,143
China Pacific Insurance Group Co. Ltd., Class H		837,200		1,540,425
China Petroleum & Chemical Corp., Class A		946,492		785,740
China Petroleum & Chemical Corp., Class H		9,464,000		4,923,202
China Power International Development Ltd.		2,003,000		749,382
China Railway Group Ltd., Class A		637,000		559,976
China Railway Group Ltd., Class H		1,638,000		749,118
China Resources Beer Holdings Co. Ltd.		728,000		2,632,696
China Resources Gas Group Ltd.		400,400		1,135,527
China Resources Land Ltd.		1,371,555		4,164,116
China Resources Microelectronics Ltd.		28,396		149,570
China Resources Mixc Lifestyle Services Ltd.^(a)		255,400		737,547
China Resources Pharmaceutical Group Ltd.^(a)		728,000		443,878
China Resources Power Holdings Co. Ltd.		728,000		1,472,817
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A		36,473		265,519
China Ruyi Holdings Ltd.^(b)(c)		2,184,000		366,395
China Shenhua Energy Co. Ltd., Class A		182,018		942,510
China Shenhua Energy Co. Ltd., Class H		1,365,000		5,178,379
China Southern Airlines Co. Ltd., Class A^(b)		345,800		277,398
China Southern Airlines Co. Ltd., Class H^(b)		728,000		269,334
China State Construction Engineering Corp. Ltd., Class A		1,110,200		795,528
China State Construction International Holdings Ltd.		728,000		768,987
China Taiping Insurance Holdings Co. Ltd.		618,990		513,839
China Three Gorges Renewables Group Co. Ltd., Class A		782,600		482,328
China Tourism Group Duty Free Corp. Ltd.^(a)(c)		36,400		319,221
China Tourism Group Duty Free Corp. Ltd., Class A		55,698		619,261
China Tower Corp. Ltd., Class H^(a)		18,200,000		2,024,592
China Traditional Chinese Medicine Holdings Co. Ltd.		1,102,000		421,343
China United Network Communications Ltd., Class A		673,400		423,246
China Vanke Co. Ltd., Class A		236,807		316,944
China Vanke Co. Ltd., Class H		837,284		658,772
China Yangtze Power Co. Ltd., Class A		619,048		2,102,459
China Zhenhua Group Science & Technology Co. Ltd., Class A		18,200		112,847
China Zheshang Bank Co. Ltd., Class A		995,700		372,464
Chinasoft International Ltd.		1,092,000		622,282
Chongqing Brewery Co. Ltd., Class A		19,896		154,062
Chongqing Changan Automobile Co. Ltd., Class A		236,778		421,717
Chongqing Zhifei Biological Products Co. Ltd., Class A		54,600		341,157
Chow Tai Fook Jewellery Group Ltd.		801,200		1,085,375
CITIC Ltd.		2,366,000		2,283,649
CITIC Securities Co. Ltd., Class A		291,202		831,873
CITIC Securities Co. Ltd., Class H		728,025		1,420,903
CMOC Group Ltd., Class A		709,800		530,594
CMOC Group Ltd., Class H		1,092,000		598,147
Contemporary Amperex Technology Co. Ltd., Class A		109,298		2,306,629
COSCO SHIPPING Energy Transportation Co. Ltd., Class A		91,000		166,824
COSCO SHIPPING Energy Transportation Co. Ltd., Class H		364,000		338,454


Security	Shares		Value

China (continued)
COSCO Shipping Holdings Co. Ltd., Class A		346,012	$	478,868
COSCO Shipping Holdings Co. Ltd., Class H		1,274,399		1,338,918
COSCO SHIPPING Ports Ltd.		728,000		445,811
Country Garden Holdings Co. Ltd.^(b)(c)		4,368,838		354,338
Country Garden Services Holdings Co. Ltd.^(c)		910,000		601,139
CRRC Corp. Ltd., Class A		738,500		584,153
CRRC Corp. Ltd., Class H		1,274,000		592,147
CSC Financial Co. Ltd., Class A		127,499		396,836
CSPC Innovation Pharmaceutical Co. Ltd.		28,600		107,247
CSPC Pharmaceutical Group Ltd.		3,641,440		2,678,969
Daqin Railway Co. Ltd., Class A		418,600		434,932
Daqo New Energy Corp., ADR^(b)(c)		25,986		469,047
DaShenLin Pharmaceutical Group Co. Ltd., Class A		28,980		91,919
DHC Software Co. Ltd., Class A		127,400		88,602
Dong-E-E-Jiao Co. Ltd., Class A		36,400		266,044
Dongfang Electric Corp. Ltd., Class A		91,088		181,845
Dongfeng Motor Group Co. Ltd., Class H		1,092,000		421,699
Dongxing Securities Co. Ltd., Class A		146,498		161,785
East Buy Holding Ltd.^(a)(b)(c)		182,000		534,727
East Money Information Co. Ltd., Class A		436,814		759,103
Ecovacs Robotics Co. Ltd., Class A		18,200		80,923
ENN Energy Holdings Ltd.		327,600		2,438,605
Eve Energy Co. Ltd., Class A		54,616		264,678
Everbright Securities Co. Ltd., Class A		110,293		240,104
Fangda Carbon New Material Co. Ltd., Class A		147,975		91,034
Far East Horizon Ltd.		546,000		399,481
First Capital Securities Co. Ltd., Class A		163,800		119,804
Flat Glass Group Co. Ltd., Class A		54,600		154,838
Flat Glass Group Co. Ltd., Class H^(c)		182,000		273,732
Focus Media Information Technology Co. Ltd., Class A		419,740		330,175
Foshan Haitian Flavouring & Food Co. Ltd., Class A		125,092		591,821
Fosun International Ltd.		910,000		477,546
Founder Securities Co. Ltd., Class A		200,200		192,472
Foxconn Industrial Internet Co. Ltd., Class A		327,600		605,490
Fujian Sunner Development Co. Ltd., Class A		36,400		75,792
Fuyao Glass Industry Group Co. Ltd., Class A		72,899		386,391
Fuyao Glass Industry Group Co. Ltd., Class H^(a)		218,400		987,367
Ganfeng Lithium Group Co. Ltd., Class A		54,657		258,928
Ganfeng Lithium Group Co. Ltd., Class H^(a)(c)		155,920		416,510
GCL-Poly Energy Holdings Ltd.		8,528,000		981,256
GD Power Development Co. Ltd., Class A		509,600		317,159
GDS Holdings Ltd.^(b)(c)		365,240		244,624
Geely Automobile Holdings Ltd.		2,366,000		2,242,633
Gemdale Corp., Class A		127,446		71,686
Genscript Biotech Corp.^(b)(c)		364,000		604,208
GF Securities Co. Ltd., Class A		145,600		277,687
GF Securities Co. Ltd., Class H		436,800		439,598
GigaDevice Semiconductor Inc., Class A		18,335		159,370
Ginlong Technologies Co. Ltd., Class A		18,200		151,164
GoerTek Inc., Class A		91,297		193,159
Goldwind Science & Technology Co. Ltd., Class A		109,213		106,015
Gotion High-tech Co. Ltd., Class A		54,600		141,943
Great Wall Motor Co. Ltd.		54,800		155,939
Great Wall Motor Co. Ltd., Class H		1,001,000		985,591
Gree Electric Appliances Inc. of Zhuhai, Class A		72,800		357,545
Greentown China Holdings Ltd.		364,000		274,220
GRG Banking Equipment Co. Ltd., Class A		36,460		48,059
Guangdong Haid Group Co. Ltd., Class A		36,799		193,477
Guangdong Investment Ltd.		1,092,000		634,853
Guanghui Energy Co. Ltd., Class A		237,700		232,707
Guangzhou Automobile Group Co. Ltd., Class A		127,400		145,423


Security	Shares		Value

China (continued)
Guangzhou Automobile Group Co. Ltd., Class H		1,092,397	$	431,785
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class A		54,600		207,674
Guangzhou Haige Communications Group Inc. Co., Class A		127,411		170,790
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A		19,898		144,648
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A		19,258		91,689
Guangzhou Tinci Materials Technology Co. Ltd., Class A		54,600		141,906
Guosen Securities Co. Ltd., Class A		236,600		264,729
Guotai Junan Securities Co. Ltd., Class A		273,000		555,476
Guoyuan Securities Co. Ltd., Class A		182,030		161,949
H World Group Ltd., ADR		84,678		2,690,220
Haidilao International Holding Ltd.^(a)		728,000		1,146,975
Haier Smart Home Co. Ltd., Class A		200,200		622,814
Haier Smart Home Co. Ltd., Class H		946,800		2,675,336
Hainan Airlines Holding Co. Ltd., Class A		816,600		155,425
Haitian International Holdings Ltd.		182,000		405,114
Haitong Securities Co. Ltd., Class A		400,400		490,407
Haitong Securities Co. Ltd., Class H		805,200		371,150
Hangzhou Chang Chuan Technology Co. Ltd.		18,200		60,671
Hangzhou First Applied Material Co. Ltd., Class A		54,623		172,803
Hangzhou Lion Microelectronics Co. Ltd.		18,200		51,754
Hangzhou Robam Appliances Co. Ltd., Class A		36,583		110,803
Hangzhou Silan Microelectronics Co. Ltd., Class A		18,400		46,492
Hangzhou Tigermed Consulting Co. Ltd., Class A		19,290		108,924
Hansoh Pharmaceutical Group Co. Ltd.^(a)		364,000		546,708
Henan Shuanghui Investment & Development Co. Ltd., Class A		91,098		361,025
Hengan International Group Co. Ltd.		273,000		845,342
Hengli Petrochemical Co. Ltd., Class A^(b)		218,499		356,773
Hengyi Petrochemical Co. Ltd., Class A		163,800		142,018
Hesteel Co. Ltd., Class A		345,800		100,072
Hithink RoyalFlush Information Network Co. Ltd., Class A		18,288		292,759
Hongfa Technology Co. Ltd., Class A		28,440		88,730
Hoshine Silicon Industry Co. Ltd., Class A		18,200		110,957
Hoyuan Green Energy Co. Ltd., Class A		26,584		91,347
Hua Hong Semiconductor Ltd.^(a)(b)		182,000		329,719
Huadian Power International Corp. Ltd., Class A		291,200		246,357
Huadong Medicine Co. Ltd., Class A		54,687		220,307
Hualan Biological Engineering Inc., Class A		54,880		134,395
Huaneng Power International Inc., Class A		364,000		443,146
Huaneng Power International Inc., Class H^(b)		1,460,000		823,317
Huatai Securities Co. Ltd., Class A		236,600		452,951
Huatai Securities Co. Ltd., Class H^(a)		400,400		472,360
Huaxi Securities Co. Ltd., Class A		145,600		150,936
Huaxia Bank Co. Ltd., Class A		509,699		429,523
Huayu Automotive Systems Co. Ltd., Class A		91,200		206,331
Huizhou Desay Sv Automotive Co. Ltd., Class A		18,200		215,561
Hundsun Technologies Inc., Class A		50,935		148,876
Hygeia Healthcare Holdings Co. Ltd.^(a)(c)		145,600		474,493
Hygon Information Technology Co. Ltd., NVS		47,320		434,197
IEIT Systems Co. Ltd., Class A		46,248		180,566
Iflytek Co. Ltd., Class A		54,600		290,101
Imeik Technology Development Co. Ltd., Class A		8,200		309,367
Industrial & Commercial Bank of China Ltd., Class A		1,656,200		1,191,259
Industrial & Commercial Bank of China Ltd., Class H		24,934,350		12,146,264


Security	Shares		Value

China (continued)
Industrial Bank Co. Ltd., Class A		564,225	$	1,235,892
Industrial Securities Co. Ltd., Class A		337,186		255,775
Ingenic Semiconductor Co. Ltd., Class A		18,600		122,996
Inner Mongolia BaoTou Steel Union Co. Ltd., Class A^(b)		1,310,496		258,740
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A		564,200		279,306
Inner Mongolia Yili Industrial Group Co. Ltd., Class A		182,091		686,762
Inner Mongolia Yitai Coal Co. Ltd., Class B		434,425		821,764
Innovent Biologics Inc.^(a)(b)		455,000		1,833,155
iQIYI Inc., ADR^(b)		178,360		597,506
JA Solar Technology Co. Ltd., Class A		91,032		216,449
Jason Furniture Hangzhou Co. Ltd., Class A		25,880		122,174
JCET Group Co. Ltd., Class A		37,200		116,032
JD Health International Inc.^(a)(b)(c)		455,100		1,501,732
JD Logistics Inc.^(a)(b)		782,600		683,347
JD.com Inc.		937,332		10,569,481
Jiangsu Eastern Shenghong Co. Ltd., Class A		182,000		250,474
Jiangsu Expressway Co. Ltd., Class H		728,000		694,668
Jiangsu Hengli Hydraulic Co. Ltd., Class A		36,465		247,685
Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A		163,810		855,467
Jiangsu King’s Luck Brewery JSC Ltd., Class A		36,400		224,273
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A		36,400		463,236
Jiangsu Yoke Technology Co. Ltd., Class A		18,600		100,238
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A		36,400		161,356
Jiangsu Zhongtian Technology Co. Ltd., Class A		91,200		146,834
Jiangxi Copper Co. Ltd., Class A		72,800		182,469
Jiangxi Copper Co. Ltd., Class H		546,000		763,597
Jinko Solar Co. Ltd.		159,548		175,909
Joincare Pharmaceutical Group Industry Co. Ltd., Class A		91,000		136,070
Jointown Pharmaceutical Group Co. Ltd., Class A		153,176		148,286
Jonjee Hi-Tech Industrial And Commercial Holding Co. Ltd., Class A		36,486		111,617
JOYY Inc., ADR		16,562		507,791
Juewei Food Co. Ltd., Class A		18,200		50,806
Kanzhun Ltd., ADR		87,924		1,223,023
KE Holdings Inc., ADR		268,086		3,798,779
Kingboard Holdings Ltd.		273,000		485,914
Kingboard Laminates Holdings Ltd.		364,000		218,771
Kingdee International Software Group Co. Ltd.^(b)		1,092,000		1,055,596
Kingsoft Corp. Ltd.		400,800		975,048
Kuaishou Technology^(a)(b)		910,000		4,586,706
Kunlun Energy Co. Ltd.		1,456,000		1,304,426
Kunlun Tech Co. Ltd., Class A		39,200		162,599
Kweichow Moutai Co. Ltd., Class A		32,372		7,235,743
LB Group Co. Ltd., Class A		72,800		163,150
Legend Biotech Corp., ADR^(b)(c)		27,846		1,533,201
Lenovo Group Ltd.		2,912,000		3,049,070
Lens Technology Co. Ltd., Class A		145,686		211,631
Lepu Medical Technology Beijing Co. Ltd., Class A		54,600		99,593
Li Auto Inc.^(b)		455,036		6,289,926
Li Ning Co. Ltd.		910,000		1,944,053
Lingyi iTech Guangdong Co., Class A		273,000		180,139
Livzon Pharmaceutical Group Inc., Class A		36,401		171,675
Longfor Group Holdings Ltd.^(a)		819,000		908,112
LONGi Green Energy Technology Co. Ltd., Class A		200,228		539,039
Lufax Holding Ltd., Class A, ADR^(c)		72,345		171,458
Luxshare Precision Industry Co. Ltd., Class A		182,230		645,316


Security	Shares		Value

China (continued)
Luzhou Laojiao Co. Ltd., Class A		36,400	$	744,863
Mango Excellent Media Co. Ltd., Class A		55,350		164,647
Maxscend Microelectronics Co. Ltd., Class A		18,264		234,051
Meinian Onehealth Healthcare Holdings Co. Ltd., Class A		127,487		86,651
Meituan, Class B^(a)(b)		2,002,050		16,102,935
Metallurgical Corp. of China Ltd., Class A		637,008		287,254
Microport Scientific Corp.^(b)		345,800		255,378
Ming Yang Smart Energy Group Ltd., Class A		54,600		68,331
MINISO Group Holding Ltd.		160,160		677,399
Minth Group Ltd.		364,000		590,019
Montage Technology Co. Ltd., Class A		36,400		227,704
Muyuan Foods Co. Ltd., Class A		145,836		715,807
Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd., Class A		50,201		90,950
NARI Technology Co. Ltd., Class A		218,467		638,119
NAURA Technology Group Co. Ltd., Class A		18,200		574,912
NavInfo Co. Ltd., Class A		72,800		65,684
NetEase Inc.		764,470		14,859,851
New China Life Insurance Co. Ltd., Class A		54,999		233,911
New China Life Insurance Co. Ltd., Class H		327,600		584,646
New Hope Liuhe Co. Ltd., Class A^(b)		127,472		145,156
New Oriental Education & Technology Group Inc.^(b)		582,480		4,495,724
Nine Dragons Paper Holdings Ltd.^(b)		728,000		269,714
Ninestar Corp., Class A		55,100		148,360
Ningbo Deye Technology Co. Ltd., NVS		19,600		184,550
Ningbo Joyson Electronic Corp., Class A		36,400		73,215
Ningbo Orient Wires & Cables Co. Ltd.		18,200		89,455
Ningbo Tuopu Group Co. Ltd., Class A		39,000		264,594
Ningxia Baofeng Energy Group Co. Ltd., Class A		236,600		439,156
NIO Inc., ADR^(b)(c)		550,004		3,091,022
Nongfu Spring Co. Ltd., Class H^(a)		800,800		4,346,062
Offshore Oil Engineering Co. Ltd., Class A		128,200		99,801
Oppein Home Group Inc., Class A		18,200		155,223
Orient Overseas International Ltd.		70,000		1,044,974
Orient Securities Co. Ltd., Class A		247,613		285,076
Ovctek China Inc., Class A		36,480		88,403
Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A		327,600		128,582
PDD Holdings Inc., ADR^(b)		237,874		30,179,074
People.cn Co. Ltd.		37,200		111,402
People’s Insurance Co. Group of China Ltd. (The), Class H		4,186,000		1,301,334
Perfect World Co. Ltd., Class A		72,889		96,930
PetroChina Co. Ltd., Class A		564,200		656,383
PetroChina Co. Ltd., Class H		8,372,000		6,056,018
Pharmaron Beijing Co. Ltd., Class A		45,450		133,524
PICC Property & Casualty Co. Ltd., Class H		2,913,814		3,624,390
Ping An Bank Co. Ltd., Class A		528,038		695,429
Ping An Healthcare and Technology Co. Ltd.^(a)(b)(c)		236,600		339,697
Ping An Insurance Group Co. of China Ltd., Class A		291,299		1,645,779
Ping An Insurance Group Co. of China Ltd., Class H		2,639,000		11,093,145
Poly Developments and Holdings Group Co. Ltd., Class A		273,295		364,215
Pop Mart International Group Ltd.^(a)		182,600		409,504
Postal Savings Bank of China Co. Ltd., Class A		728,000		479,630
Postal Savings Bank of China Co. Ltd., Class H^(a)		3,276,000		1,575,458
Power Construction Corp. of China Ltd., Class A		418,600		293,134
Qifu Technology Inc.		44,772		642,478
Qinghai Salt Lake Industry Co. Ltd., Class A^(b)		145,600		290,425
Rockchip Electronics Co. Ltd.		18,600		119,665
Rongsheng Petrochemical Co. Ltd., Class A		291,268		383,597


Security	Shares		Value

China (continued)
SAIC Motor Corp. Ltd., Class A		236,698	$	450,568
Sanan Optoelectronics Co. Ltd., Class A		117,600		179,893
Sangfor Technologies Inc., Class A^(b)		18,200		138,121
Sany Heavy Equipment International Holdings Co. Ltd.		546,000		355,363
Sany Heavy Industry Co. Ltd., Class A		236,699		431,132
Satellite Chemical Co. Ltd., Class A		115,591		219,761
SDIC Power Holdings Co. Ltd., Class A		156,800		305,552
Seazen Holdings Co. Ltd., Class A^(b)		54,624		75,180
Seres Group Co. Ltd., NVS^(b)		37,200		293,460
SF Holding Co. Ltd., Class A		127,495		626,857
Shaanxi Coal Industry Co. Ltd., Class A		291,299		981,613
Shan Xi Hua Yang Group New Energy Co. Ltd.		138,150		185,916
Shandong Buchang Pharmaceuticals Co. Ltd., Class A		72,800		153,223
Shandong Gold Mining Co. Ltd., Class A		109,480		313,275
Shandong Gold Mining Co. Ltd., Class H^(a)		318,500		458,542
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A		72,820		246,860
Shandong Linglong Tyre Co. Ltd., Class A		36,600		99,878
Shandong Nanshan Aluminum Co. Ltd., Class A		691,600		275,908
Shandong Sun Paper Industry JSC Ltd., Class A		91,000		153,855
Shandong Weigao Group Medical Polymer Co. Ltd., Class H		1,020,400		653,906
Shanghai Aiko Solar Energy Co. Ltd.		54,620		105,152
Shanghai Bairun Investment Holding Group Co. Ltd., Class A		36,468		100,272
Shanghai Baosight Software Co. Ltd., Class A		60,256		343,518
Shanghai Baosight Software Co. Ltd., Class B		182,004		358,577
Shanghai Construction Group Co. Ltd., Class A		345,800		111,691
Shanghai Electric Group Co. Ltd., Class A		455,000		251,861
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A		72,800		221,148
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H		182,000		309,019
Shanghai International Airport Co. Ltd., Class A		36,400		167,826
Shanghai International Port Group Co. Ltd., Class A		327,600		251,535
Shanghai Junshi Biosciences Co. Ltd.		26,564		103,452
Shanghai M&G Stationery Inc., Class A		18,500		78,848
Shanghai Moons’ Electric Co. Ltd.		18,600		96,084
Shanghai Pharmaceuticals Holding Co. Ltd., Class A		91,000		214,823
Shanghai Pharmaceuticals Holding Co. Ltd., Class H		273,000		385,888
Shanghai Pudong Development Bank Co. Ltd., Class A		800,895		761,527
Shanghai Putailai New Energy Technology Co. Ltd., Class A		56,060		128,302
Shanghai United Imaging Healthcare Co. Ltd., NVS		20,202		379,080
Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A		109,200		94,725
Shanxi Coking Coal Energy Group Co. Ltd., Class A		163,800		239,405
Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A		72,800		240,043
Shanxi Meijin Energy Co. Ltd., Class A^(b)		127,400		94,969
Shanxi Securities Co. Ltd., Class A		163,840		112,862
Shanxi Taigang Stainless Steel Co. Ltd., Class A		201,300		99,916
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A		36,480		1,017,459
Shengyi Technology Co. Ltd., Class A		91,000		181,906
Shennan Circuits Co. Ltd., Class A		18,220		133,921
Shenwan Hongyuan Group Co. Ltd., Class A		746,297		454,050


Security	Shares		Value

China (continued)
Shenzhen Energy Group Co. Ltd., Class A		345,886	$	298,411
Shenzhen Inovance Technology Co. Ltd., Class A		36,700		285,831
Shenzhen Kangtai Biological Products Co. Ltd., Class A		52,000		151,157
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A		36,475		1,363,637
Shenzhen New Industries Biomedical Engineering Co. Ltd., Class A		19,600		188,353
Shenzhen SC New Energy Technology Corp., Class A		18,200		143,198
Shenzhen Transsion Holdings Co. Ltd., Class A		23,197		440,948
Shenzhou International Group Holdings Ltd.		327,600		2,917,411
Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A		18,400		50,396
Sichuan Chuantou Energy Co. Ltd., Class A		145,600		314,510
Sichuan Kelun Pharmaceutical Co. Ltd., Class A		36,400		117,158
Sichuan Road & Bridge Group Co. Ltd., Class A		254,800		284,924
Sino Biopharmaceutical Ltd.		4,186,250		1,510,550
Sinomine Resource Group Co. Ltd., Class A		27,360		118,773
Sinopec Shanghai Petrochemical Co. Ltd., Class A		163,800		60,749
Sinopharm Group Co. Ltd., Class H		582,400		1,531,411
Sinotruk Hong Kong Ltd.		279,000		633,663
Skshu Paint Co. Ltd., Class A		18,600		93,178
Smoore International Holdings Ltd.^(a)(c)		728,000		440,224
Songcheng Performance Development Co. Ltd., Class A		102,120		126,411
SooChow Securities Co. Ltd., Class A		172,757		161,748
Southwest Securities Co. Ltd., Class A		364,000		187,055
Spring Airlines Co. Ltd., Class A		18,600		135,377
Sungrow Power Supply Co. Ltd., Class A		36,400		396,963
Sunny Optical Technology Group Co. Ltd.		291,200		1,789,827
Sunresin New Materials Co. Ltd., NVS		18,600		114,159
Sunwoda Electronic Co. Ltd., Class A		56,299		91,404
SUPCON Technology Co. Ltd.		31,524		154,795
Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A		72,800		126,386
Suzhou Maxwell Technologies Co. Ltd., Class A		1,740		24,844
Suzhou TFC Optical Communication Co. Ltd.		18,600		221,148
TAL Education Group, ADR^(b)		179,452		1,909,369
TBEA Co. Ltd., Class A		166,006		324,306
TCL Technology Group Corp., Class A^(b)		502,950		283,389
TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A		116,698		199,622
Tencent Holdings Ltd.		2,657,200		92,234,867
Tencent Music Entertainment Group, ADR^(b)		296,428		2,786,423
Thunder Software Technology Co. Ltd., Class A		18,200		126,917
Tianma Microelectronics Co. Ltd., Class A		218,489		252,540
Tianqi Lithium Corp., Class A		36,800		238,516
Tianshui Huatian Technology Co. Ltd., Class A		145,800		132,067
Tingyi Cayman Islands Holding Corp.		730,000		726,889
Tongcheng Travel Holdings Ltd.^(b)		509,600		1,039,509
Tongkun Group Co. Ltd., Class A		74,496		123,255
Tongling Nonferrous Metals Group Co. Ltd., Class A		434,200		182,581
Tongwei Co. Ltd., Class A		109,200		353,948
Topchoice Medical Corp., Class A		12,200		101,001
Topsports International Holdings Ltd.^(a)		728,000		471,876
TravelSky Technology Ltd., Class H		366,000		368,136
Trina Solar Co. Ltd.		36,596		117,824
Trip.com Group Ltd.^(b)		218,430		7,950,721
Tsingtao Brewery Co. Ltd., Class A		18,200		176,423
Tsingtao Brewery Co. Ltd., Class H		284,000		1,620,707


Security	Shares		Value

China (continued)
Unigroup Guoxin Microelectronics Co. Ltd., Class A^(b)		18,299	$	133,047
Uni-President China Holdings Ltd.		548,000		307,824
Unisplendour Corp. Ltd., Class A^(b)		91,020		196,517
Vinda International Holdings Ltd.		182,000		537,760
Vipshop Holdings Ltd., ADR^(b)		141,820		2,253,520
Walvax Biotechnology Co. Ltd., Class A		54,600		125,371
Wanhua Chemical Group Co. Ltd., Class A		72,899		709,395
Want Want China Holdings Ltd.		2,004,000		1,104,796
Weibo Corp., ADR		26,208		212,285
Weichai Power Co. Ltd., Class A		182,000		373,498
Weichai Power Co. Ltd., Class H		728,600		1,286,317
Wens Foodstuffs Group Co. Ltd., Class A		182,098		475,919
Western Securities Co. Ltd., Class A		218,499		181,353
Will Semiconductor Co. Ltd. Shanghai, Class A		36,410		437,460
Wingtech Technology Co. Ltd., Class A^(b)		36,400		169,494
Wuchan Zhongda Group Co. Ltd., Class A		182,099		109,725
Wuhan Guide Infrared Co. Ltd., Class A		215,360		161,505
Wuliangye Yibin Co. Ltd., Class A		91,099		1,605,831
WUS Printed Circuit Kunshan Co. Ltd., Class A		72,850		199,369
WuXi AppTec Co. Ltd., Class A		54,664		414,232
WuXi AppTec Co. Ltd., Class H^(a)(c)		145,674		1,007,917
Wuxi Autowell Technology Co. Ltd.		6,208		61,855
Wuxi Biologics Cayman Inc.^(a)(b)		1,547,000		4,070,984
XCMG Construction Machinery Co. Ltd., Class A		425,098		332,813
Xiamen C & D Inc., Class A		91,000		122,669
Xiaomi Corp., Class B^(a)(b)		6,042,400		9,519,971
Xinjiang Daqo New Energy Co. Ltd.		41,948		152,849
Xinyi Solar Holdings Ltd.		2,184,000		1,002,765
XPeng Inc.^(b)(c)		436,402		1,817,461
Xtep International Holdings Ltd.		637,000		313,697
Yadea Group Holdings Ltd.^(a)		364,000		499,081
Yankuang Energy Group Co. Ltd., Class A		109,200		347,465
Yankuang Energy Group Co. Ltd., Class H		963,000		1,978,467
Yantai Jereh Oilfield Services Group Co. Ltd., Class A		36,501		133,560
Yealink Network Technology Corp. Ltd., Class A		18,527		62,810
Yifeng Pharmacy Chain Co. Ltd., Class A		26,920		142,088
Yihai Kerry Arawana Holdings Co. Ltd., Class A		36,400		150,058
Yintai Gold Co. Ltd., Class A		54,821		107,619
Yonyou Network Technology Co. Ltd., Class A		91,290		141,962
YTO Express Group Co. Ltd., Class A		91,000		141,319
Yuexiu Property Co. Ltd.		728,600		456,253
Yum China Holdings Inc.		164,346		5,684,728
Yunda Holding Co. Ltd., Class A		91,020		78,985
Yunnan Aluminium Co. Ltd., Class A		74,400		111,206
Yunnan Baiyao Group Co. Ltd., Class A		55,315		358,122
Yunnan Energy New Material Co. Ltd., Class A		26,100		154,211
Zai Lab Ltd.^(b)(c)		397,890		845,420
Zangge Mining Co. Ltd.		54,600		188,152
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A		18,202		504,643
Zhaojin Mining Industry Co. Ltd., Class H		546,000		508,967
Zhejiang Century Huatong Group Co. Ltd., Class A^(b)		236,672		138,260
Zhejiang China Commodities City Group Co. Ltd., Class A		130,200		134,882
Zhejiang Chint Electrics Co. Ltd., Class A		72,800		188,897
Zhejiang Dahua Technology Co. Ltd., Class A		109,200		235,626
Zhejiang Dingli Machinery Co. Ltd., Class A		18,247		131,053
Zhejiang Expressway Co. Ltd., Class H		1,007,400		748,357
Zhejiang Huahai Pharmaceutical Co. Ltd., Class A		54,625		87,925


Security	Shares		Value

China (continued)
Zhejiang Huayou Cobalt Co. Ltd., Class A		54,600	$	189,289
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A		36,400		165,651
Zhejiang Leapmotor Technology Co. Ltd.^(a)(b)(c)		200,237		541,095
Zhejiang NHU Co. Ltd., Class A		109,412		244,266
Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A		37,200		108,673
Zhejiang Supor Co. Ltd., Class A		19,899		140,188
Zhejiang Weixing New Building Materials Co. Ltd., Class A		56,296		106,495
Zheshang Securities Co. Ltd., Class A		127,400		171,095
ZhongAn Online P&C Insurance Co. Ltd., Class H^(a)(b)		309,400		483,365
Zhongji Innolight Co. Ltd., Class A		18,299		260,623
Zhongsheng Group Holdings Ltd.		366,000		617,817
Zhuzhou CRRC Times Electric Co. Ltd.		254,800		625,497
Zijin Mining Group Co. Ltd., Class A		509,600		854,561
Zijin Mining Group Co. Ltd., Class H		2,184,000		3,240,759
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class A		291,737		292,162
ZTE Corp., Class A		109,200		333,538
ZTE Corp., Class H		291,200		506,039
ZTO Express Cayman Inc., ADR		169,988		2,781,004


				670,009,924

Hong Kong — 5.6%
AIA Group Ltd.		4,550,000		35,682,993
BOC Hong Kong Holdings Ltd.		1,456,000		3,489,731
Budweiser Brewing Co. APAC Ltd.^(a)		527,800		831,887
CK Asset Holdings Ltd.		819,132		3,696,202
CK Hutchison Holdings Ltd.		1,092,132		5,640,665
CK Infrastructure Holdings Ltd.		273,000		1,621,304
CLP Holdings Ltd.		637,000		5,066,340
ESR Group Ltd.^(a)		874,000		1,117,210
Futu Holdings Ltd., ADR^(b)(c)		21,294		994,856
Galaxy Entertainment Group Ltd.		910,000		4,722,790
Hang Lung Properties Ltd.		728,000		845,178
Hang Seng Bank Ltd.		309,400		3,220,906
Henderson Land Development Co. Ltd.		546,166		1,423,102
HKT Trust & HKT Ltd., Class SS		1,638,640		1,968,432
Hong Kong & China Gas Co. Ltd.		4,004,763		2,849,897
Hong Kong Exchanges & Clearing Ltd.		473,253		14,348,462
Hongkong Land Holdings Ltd.		455,000		1,420,285
Jardine Matheson Holdings Ltd.		69,000		2,770,634
Link REIT		1,037,400		5,203,268
MTR Corp. Ltd.		638,000		2,075,612
New World Development Co. Ltd.^(c)		546,166		669,410
Power Assets Holdings Ltd.		547,500		3,205,714
Sands China Ltd.^(b)		946,400		2,484,082
Sino Land Co. Ltd.		1,457,200		1,522,138
SITC International Holdings Co. Ltd.		546,000		828,469
Sun Hung Kai Properties Ltd.		621,500		5,800,699
Swire Pacific Ltd., Class A		182,000		1,408,140
Swire Properties Ltd.		473,200		884,303
Techtronic Industries Co. Ltd.		546,000		5,799,123
WH Group Ltd.^(a)		3,003,000		1,771,754
Wharf Holdings Ltd. (The)^(c)		364,000		1,063,494
Wharf Real Estate Investment Co. Ltd.		728,000		2,132,919
Xinyi Glass Holdings Ltd.		728,000		603,530


				127,163,529

India — 21.0%
ABB India Ltd.		22,022		1,240,294


Security	Shares		Value

India (continued)
Adani Enterprises Ltd.		67,886	$	2,569,252
Adani Green Energy Ltd.^(b)		129,727		2,627,803
Adani Ports & Special Economic Zone Ltd.		209,300		3,042,728
Adani Power Ltd.^(b)		320,029		2,172,546
Ambuja Cements Ltd.		249,522		1,679,361
APL Apollo Tubes Ltd.		67,886		1,230,341
Apollo Hospitals Enterprise Ltd.		39,312		3,005,952
Ashok Leyland Ltd.		504,312		1,067,628
Asian Paints Ltd.		152,516		5,417,600
Astral Ltd.		50,024		1,102,097
AU Small Finance Bank Ltd.^(a)		67,634		518,950
Aurobindo Pharma Ltd.		107,198		1,484,854
Avenue Supermarts Ltd.^(a)(b)		66,034		3,017,233
Axis Bank Ltd.		904,176		11,625,269
Bajaj Auto Ltd.		27,482		2,540,516
Bajaj Finance Ltd.		108,472		8,978,388
Bajaj Finserv Ltd.		156,064		3,057,776
Bajaj Holdings & Investment Ltd.		11,284		1,136,463
Balkrishna Industries Ltd.		33,852		1,000,447
Bandhan Bank Ltd.^(a)		276,094		760,614
Bank of Baroda		436,436		1,299,560
Berger Paints India Ltd.		123,760		842,256
Bharat Electronics Ltd.		1,460,914		3,272,105
Bharat Forge Ltd.		107,926		1,604,207
Bharat Petroleum Corp. Ltd.		295,932		1,793,660
Bharti Airtel Ltd.		884,520		12,477,502
Britannia Industries Ltd.		43,296		2,707,991
CG Power and Industrial Solutions Ltd.		257,712		1,453,900
Cholamandalam Investment and Finance Co. Ltd.		166,212		2,367,895
Cipla Ltd.		205,660		3,344,893
Coal India Ltd.		620,074		3,036,106
Colgate-Palmolive India Ltd.		48,412		1,499,319
Container Corp. of India Ltd.		112,840		1,204,470
Cummins India Ltd.		54,504		1,505,892
Dabur India Ltd.		235,144		1,527,385
Divi’s Laboratories Ltd.		47,838		2,114,689
DLF Ltd.		249,340		2,406,996
Dr. Reddy’s Laboratories Ltd.		43,680		3,209,473
Eicher Motors Ltd.		55,114		2,551,291
GAIL India Ltd.		925,468		1,925,702
Godrej Consumer Products Ltd.		161,252		2,261,250
Godrej Properties Ltd.^(b)		53,690		1,533,985
Grasim Industries Ltd.		104,832		2,745,835
Havells India Ltd.		102,102		1,590,865
HCL Technologies Ltd.		374,010		7,093,357
HDFC Asset Management Co. Ltd.^(a)		33,130		1,429,091
HDFC Bank Ltd.		1,109,836		19,517,419
HDFC Life Insurance Co. Ltd.^(a)		378,196		2,626,107
Hero MotoCorp Ltd.		43,498		2,421,585
Hindalco Industries Ltd.		509,236		3,546,609
Hindustan Aeronautics Ltd., NVS		80,990		2,930,812
Hindustan Petroleum Corp. Ltd.^(b)		240,786		1,343,769
Hindustan Unilever Ltd.		323,960		9,686,940
ICICI Bank Ltd.		2,055,690		25,459,992
ICICI Lombard General Insurance Co. Ltd.^(a)		94,394		1,698,598
ICICI Prudential Life Insurance Co. Ltd.^(a)		147,214		891,835
IDFC First Bank Ltd.^(b)		1,418,088		1,439,489
Indian Hotels Co. Ltd., Class A		339,794		2,014,916
Indian Oil Corp. Ltd.		1,159,704		2,053,682
Indian Railway Catering & Tourism Corp. Ltd.		107,802		1,268,010
Indraprastha Gas Ltd.		128,914		668,774
IndusInd Bank Ltd.		117,208		2,163,793


Security	Shares		Value

India (continued)
Info Edge India Ltd.		30,030	$	1,818,231
Infosys Ltd.		1,318,226		26,280,365
InterGlobe Aviation Ltd.^(a)(b)		52,598		1,875,754
ITC Ltd.		1,195,740		6,356,653
Jindal Steel & Power Ltd.		155,610		1,419,226
Jio Financial Services Ltd., NVS^(b)		1,240,324		3,703,246
JSW Steel Ltd.		242,970		2,392,362
Jubilant Foodworks Ltd.		162,890		1,019,182
Kotak Mahindra Bank Ltd.		431,340		9,480,339
Larsen & Toubro Ltd.		266,084		11,139,669
LTIMindtree Ltd.^(a)		36,020		2,359,264
Lupin Ltd.		84,994		1,539,171
Macrotech Developers Ltd.		98,280		1,268,168
Mahindra & Mahindra Ltd.		370,006		7,357,593
Marico Ltd.		211,666		1,346,321
Maruti Suzuki India Ltd.		54,054		6,629,779
Max Healthcare Institute Ltd.		314,496		2,957,575
Mphasis Ltd.		29,796		931,073
MRF Ltd.		728		1,248,323
Muthoot Finance Ltd.		49,868		837,977
Nestle India Ltd., NVS		121,940		3,678,266
NTPC Ltd.		1,740,648		6,664,332
Oil & Natural Gas Corp. Ltd.		1,211,756		3,680,968
One 97 Communications Ltd., NVS^(b)		90,454		827,043
Page Industries Ltd.		2,548		1,144,570
Persistent Systems Ltd.		20,384		2,045,777
Petronet LNG Ltd.		316,680		1,026,599
PI Industries Ltd.		34,944		1,420,025
Pidilite Industries Ltd.		60,606		1,847,213
Polycab India Ltd.		18,382		960,835
Power Finance Corp. Ltd.		592,410		3,163,237
Power Grid Corp. of India Ltd.		1,855,672		5,795,907
REC Ltd.		519,246		3,119,192
Reliance Industries Ltd.		1,208,116		41,506,644
Samvardhana Motherson International Ltd.		908,726		1,238,881
SBI Cards & Payment Services Ltd.		110,838		955,470
SBI Life Insurance Co. Ltd.^(a)		173,810		2,938,905
Shree Cement Ltd.		3,640		1,251,032
Shriram Finance Ltd.		111,748		3,321,619
Siemens Ltd.		35,126		1,751,227
Sona Blw Precision Forgings Ltd.^(a)		163,618		1,217,826
SRF Ltd.		59,094		1,652,875
State Bank of India		695,240		5,370,292
Sun Pharmaceutical Industries Ltd.		383,838		6,557,443
Supreme Industries Ltd.		23,962		1,192,168
Suzlon Energy Ltd.^(b)		3,595,956		1,988,377
Tata Communications Ltd.		46,410		970,827
Tata Consultancy Services Ltd.		360,724		16,568,447
Tata Consumer Products Ltd.		218,582		2,943,558
Tata Elxsi Ltd.		14,014		1,282,752
Tata Motors Ltd.		648,648		6,903,459
Tata Motors Ltd., Class A		186,550		1,311,901
Tata Power Co. Ltd. (The)		572,696		2,685,525
Tata Steel Ltd.		2,871,414		4,701,945
Tech Mahindra Ltd.		210,028		3,364,767
Titan Co. Ltd.		141,232		6,284,515
Torrent Pharmaceuticals Ltd.		42,582		1,297,668
Trent Ltd.		74,920		2,785,716
Tube Investments of India Ltd.		43,640		2,051,303
TVS Motor Co. Ltd.		97,006		2,337,381
UltraTech Cement Ltd.		46,046		5,630,133
United Spirits Ltd.		117,026		1,534,483


Security	Shares		Value

India (continued)
UPL Ltd.		170,170	$	1,101,174
Varun Beverages Ltd.		186,550		2,877,809
Vedanta Ltd.		351,624		1,160,936
Wipro Ltd.		511,966		2,928,164
Yes Bank Ltd.^(b)		5,272,358		1,531,203
Zomato Ltd.^(b)		2,065,336		3,470,048


				481,808,825

Indonesia — 2.3%
Adaro Energy Indonesia Tbk PT		5,933,200		899,633
Amman Mineral Internasional PT^(b)		2,657,200		1,267,606
Aneka Tambang Tbk		3,712,800		364,275
Astra International Tbk PT		8,099,000		2,624,402
Bank Central Asia Tbk PT		21,985,600		13,301,868
Bank Mandiri Persero Tbk PT		14,760,204		6,214,273
Bank Negara Indonesia Persero Tbk PT		6,002,230		2,183,704
Bank Rakyat Indonesia Persero Tbk PT		27,008,867		9,729,547
Barito Pacific Tbk PT		11,658,442		782,063
Charoen Pokphand Indonesia Tbk PT		3,094,000		878,144
GoTo Gojek Tokopedia Tbk PT^(b)		341,049,800		1,891,906
Indah Kiat Pulp & Paper Tbk PT		1,090,400		540,143
Indofood CBP Sukses Makmur Tbk PT		873,600		650,931
Indofood Sukses Makmur Tbk PT		1,747,200		705,971
Kalbe Farma Tbk PT		8,429,600		806,741
Merdeka Copper Gold Tbk PT^(b)		3,130,477		535,019
Sarana Menara Nusantara Tbk PT		8,608,600		484,231
Semen Indonesia Persero Tbk PT		1,476,925		580,044
Sumber Alfaria Trijaya Tbk PT		7,098,000		1,191,288
Telkom Indonesia Persero Tbk PT		19,583,200		4,911,992
Unilever Indonesia Tbk PT		3,185,000		625,697
United Tractors Tbk PT		618,843		898,936


				52,068,414

Malaysia — 1.6%
AMMB Holdings Bhd		782,600		700,662
Axiata Group Bhd		1,274,000		734,032
CELCOMDIGI Bhd		1,379,000		1,235,400
CIMB Group Holdings Bhd		2,548,000		3,356,081
Dialog Group Bhd		1,435,062		554,993
Gamuda Bhd^(c)		764,400		816,114
Genting Bhd		873,600		870,290
Genting Malaysia Bhd		709,800		404,433
Hong Leong Bank Bhd		236,600		960,220
IHH Healthcare Bhd		819,000		1,056,673
Inari Amertron Bhd		1,308,800		876,153
IOI Corp. Bhd		982,800		828,649
Kuala Lumpur Kepong Bhd^(c)		211,200		990,439
Malayan Banking Bhd		2,111,200		4,129,502
Malaysia Airports Holdings Bhd		327,600		532,708
Maxis Bhd		964,600		774,943
MISC Bhd		382,200		593,260
MR DIY Group M Bhd^(a)		1,197,200		349,289
Nestle Malaysia Bhd		36,400		919,619
Petronas Chemicals Group Bhd		1,102,700		1,576,102
Petronas Dagangan Bhd		127,400		574,781
Petronas Gas Bhd		327,800		1,229,423
PPB Group Bhd		273,020		834,645
Press Metal Aluminium Holdings Bhd		1,547,000		1,548,302
Public Bank Bhd		5,660,250		5,247,146
QL Resources Bhd		527,800		650,544
RHB Bank Bhd		527,845		624,438
Sime Darby Bhd		709,800		364,189
Sime Darby Plantation Bhd		855,400		797,691


Security	Shares		Value

Malaysia (continued)
Telekom Malaysia Bhd		509,600	$	636,887
Tenaga Nasional Bhd		1,001,000		2,268,651


				37,036,259

Philippines — 0.8%
Aboitiz Equity Ventures Inc.		708,250		609,670
Ayala Corp.		110,238		1,328,277
Ayala Land Inc.		2,602,600		1,572,766
Bank of the Philippine Islands		700,702		1,373,076
BDO Unibank Inc.		944,584		2,431,631
International Container Terminal Services Inc.		386,400		1,670,796
JG Summit Holdings Inc.		1,255,925		854,462
Jollibee Foods Corp.		202,020		911,503
Manila Electric Co.		101,920		655,815
Metropolitan Bank & Trust Co.		863,600		874,776
PLDT Inc.		29,100		658,070
SM Investments Corp.		94,720		1,512,176
SM Prime Holdings Inc.		4,256,825		2,589,862
Universal Robina Corp.		389,480		772,440


				17,815,320

Singapore — 3.7%
CapitaLand Ascendas REIT		1,419,614		3,076,626
CapitaLand Integrated Commercial Trust		2,184,047		3,255,904
CapitaLand Investment Ltd./Singapore		1,019,200		2,237,437
City Developments Ltd.		200,200		908,666
DBS Group Holdings Ltd.		709,800		16,811,814
Genting Singapore Ltd.		2,493,400		1,872,554
Grab Holdings Ltd., Class A^(b)		764,946		2,348,384
Jardine Cycle & Carriage Ltd.		36,400		702,375
Keppel Ltd.		600,600		3,191,445
Mapletree Logistics Trust^(c)		1,365,061		1,569,650
Mapletree Pan Asia Commercial Trust		982,800		1,064,288
Oversea-Chinese Banking Corp. Ltd.		1,365,075		13,057,446
Sea Ltd., ADR^(b)(c)		147,238		5,615,657
Seatrium Ltd.^(b)(c)		17,344,685		1,287,204
Sembcorp Industries Ltd.		382,200		1,608,484
Singapore Airlines Ltd.^(c)		582,800		2,892,601
Singapore Exchange Ltd.		345,800		2,414,595
Singapore Technologies Engineering Ltd.		655,600		1,816,627
Singapore Telecommunications Ltd.		3,185,000		5,683,768
United Overseas Bank Ltd.		491,400		10,357,994
UOL Group Ltd.		182,000		845,131
Wilmar International Ltd.		709,800		1,738,079


				84,356,729

South Korea — 13.5%
Amorepacific Corp.^(b)		12,012		1,059,577
Celltrion Inc.		60,970		8,181,600
Celltrion Pharm Inc.^(b)		8,287		631,298
CJ CheilJedang Corp.		3,278		715,818
CosmoAM&T Co. Ltd.^(b)		9,810		969,777
Coway Co. Ltd.^(b)		24,210		1,004,224
DB Insurance Co. Ltd.^(b)		18,928		1,248,601
Doosan Bobcat Inc.		21,112		804,030
Doosan Enerbility Co. Ltd.^(b)		183,638		2,121,377
Ecopro BM Co. Ltd.^(b)(c)		19,656		3,120,032
Ecopro Co. Ltd.^(b)		8,008		2,987,038
F&F Co. Ltd./New^(b)		5,096		270,630
GS Holdings Corp.^(b)		18,200		631,164
Hana Financial Group Inc.		118,664		4,243,120
Hankook Tire & Technology Co. Ltd.^(b)		33,124		1,267,792
Hanmi Pharm Co. Ltd.^(b)		2,787		676,173
Hanmi Semiconductor Co. Ltd.^(b)		18,020		785,848


Security	Shares		Value

South Korea (continued)
Hanon Systems		78,806	$	367,809
Hanwha Aerospace Co. Ltd.^(b)		15,123		1,561,802
Hanwha Ocean Co. Ltd.^(b)		23,229		381,739
Hanwha Solutions Corp.^(b)		42,952		1,067,039
HD Hyundai Co. Ltd.		17,769		947,082
HD Hyundai Heavy Industries Co. Ltd.^(b)		9,100		775,372
HD Korea Shipbuilding & Offshore Engineering Co. Ltd.^(b)		17,294		1,467,336
HLB Inc.^(b)		46,592		2,350,033
HMM Co. Ltd.^(b)		100,100		1,438,676
Hotel Shilla Co. Ltd.		12,728		554,405
HYBE Co. Ltd.^(b)		8,543		1,288,055
Hyundai Engineering & Construction Co. Ltd.^(b)		29,420		761,416
Hyundai Glovis Co. Ltd.^(b)		6,916		905,599
Hyundai Mipo Dockyard Co. Ltd.^(b)		9,282		467,884
Hyundai Mobis Co. Ltd.		24,024		3,765,846
Hyundai Motor Co.		54,236		7,888,640
Hyundai Steel Co.^(b)		35,502		889,026
Industrial Bank of Korea^(b)		95,732		898,197
JYP Entertainment Corp.^(b)		11,330		637,646
Kakao Corp.^(b)		123,214		4,818,377
Kakao Pay Corp.^(b)		11,284		398,237
KakaoBank Corp.^(b)		68,614		1,394,592
Kangwon Land Inc.^(b)		32,396		363,470
KB Financial Group Inc.		150,696		6,395,195
Kia Corp.^(b)		102,466		7,870,521
Korea Aerospace Industries Ltd.^(b)		28,756		1,083,435
Korea Electric Power Corp.^(b)		100,100		1,484,374
Korea Investment Holdings Co. Ltd.^(b)		15,834		727,037
Korea Zinc Co. Ltd.		3,276		1,160,555
Korean Air Lines Co. Ltd.^(b)		73,528		1,236,220
Krafton Inc.^(b)		11,830		1,897,017
KT Corp.^(b)		26,928		713,269
KT&G Corp.		42,224		2,867,612
Kum Yang Co. Ltd.^(b)		13,104		765,540
Kumho Petrochemical Co. Ltd.^(b)		5,642		526,106
L&F Co. Ltd.^(b)(c)		10,374		1,106,089
LG Chem Ltd.		19,656		6,374,143
LG Corp.^(b)		34,762		2,134,509
LG Display Co. Ltd.^(b)		99,222		862,249
LG Electronics Inc.		43,316		3,019,311
LG Energy Solution Ltd.^(b)(c)		18,746		5,320,877
LG H&H Co. Ltd.		3,822		866,256
LG Innotek Co. Ltd.		5,644		804,981
LG Uplus Corp.		78,442		600,574
Lotte Chemical Corp.^(b)		8,004		782,917
Meritz Financial Group Inc.^(b)		42,006		2,156,591
Mirae Asset Securities Co. Ltd.^(b)		99,736		586,419
NAVER Corp.^(b)		52,234		7,789,240
NCSoft Corp.^(b)		5,462		806,135
Netmarble Corp.^(a)(b)		8,554		372,872
NH Investment & Securities Co. Ltd.^(b)		54,782		434,658
Orion Corp./Republic of Korea		10,192		704,929
Pearl Abyss Corp.^(b)		13,288		324,492
Posco DX Co. Ltd.^(b)		21,658		922,991
POSCO Future M Co. Ltd.^(b)		12,376		2,331,202
POSCO Holdings Inc.		28,574		9,065,965
Posco International Corp.^(b)		21,133		829,529
Samsung Biologics Co. Ltd.^(a)(b)		6,734		4,238,866
Samsung C&T Corp.		33,124		3,421,856
Samsung Electro-Mechanics Co. Ltd.		22,932		2,384,949
Samsung Electronics Co. Ltd.		1,897,714		103,115,761


Security	Shares		Value

South Korea (continued)
Samsung Engineering Co. Ltd.^(b)		66,066	$	1,101,946
Samsung Fire & Marine Insurance Co. Ltd.^(b)		12,012		2,376,930
Samsung Heavy Industries Co. Ltd.^(b)		270,088		1,472,008
Samsung Life Insurance Co. Ltd.		28,756		1,494,322
Samsung SDI Co. Ltd.		22,022		6,111,625
Samsung SDS Co. Ltd.		14,560		1,655,772
Samsung Securities Co. Ltd.		27,118		762,236
Shinhan Financial Group Co. Ltd.		169,988		5,208,442
SK Biopharmaceuticals Co. Ltd.^(b)		12,906		896,427
SK Bioscience Co. Ltd.^(b)		11,102		527,617
SK Hynix Inc.		218,400		21,870,716
SK IE Technology Co. Ltd.^(a)(b)		11,324		627,655
SK Inc.		13,650		1,871,122
SK Innovation Co. Ltd.^(b)		24,594		2,143,211
SK Square Co. Ltd.^(b)		39,130		1,520,129
SK Telecom Co. Ltd.		22,386		841,683
SKC Co. Ltd.^(b)		8,190		469,556
S-Oil Corp.		17,634		896,517
Woori Financial Group Inc.		234,416		2,430,508
Yuhan Corp.^(b)		23,889		1,055,876


				309,525,917

Taiwan — 19.4%
Accton Technology Corp.		182,000		3,061,705
Acer Inc.		1,092,830		1,604,923
Advantech Co. Ltd.		203,927		2,198,172
Airtac International Group		57,109		1,711,543
Alchip Technologies Ltd.		30,000		3,721,198
ASE Technology Holding Co. Ltd.		1,274,110		5,508,964
Asia Cement Corp.		910,448		1,154,554
Asustek Computer Inc.		301,100		4,275,412
AUO Corp.		2,774,264		1,621,279
Catcher Technology Co. Ltd.		244,000		1,516,153
Cathay Financial Holding Co. Ltd.		3,822,374		5,375,135
Chailease Holding Co. Ltd.		649,249		3,593,933
Chang Hwa Commercial Bank Ltd.		2,059,103		1,149,502
Cheng Shin Rubber Industry Co. Ltd.		728,303		1,055,998
China Airlines Ltd.		1,092,000		709,287
China Development Financial Holding Corp.^(b)		6,552,763		2,515,718
China Steel Corp.		4,735,484		3,794,699
Chunghwa Telecom Co. Ltd.		1,456,110		5,519,982
Compal Electronics Inc.		1,640,000		1,880,844
CTBC Financial Holding Co. Ltd.		6,552,456		5,944,463
Delta Electronics Inc.		803,000		7,185,721
E Ink Holdings Inc.		364,000		2,413,940
E.Sun Financial Holding Co. Ltd.		5,737,742		4,528,738
Eclat Textile Co. Ltd.		72,208		1,260,265
eMemory Technology Inc.		24,000		2,140,547
Eva Airways Corp.		1,092,000		1,100,717
Evergreen Marine Corp. Taiwan Ltd.		364,376		1,747,753
Far Eastern New Century Corp.		1,274,040		1,257,025
Far EasTone Telecommunications Co. Ltd.		546,000		1,401,484
Feng TAY Enterprise Co. Ltd.		207,100		1,067,812
First Financial Holding Co. Ltd.		4,467,488		3,791,199
Formosa Chemicals & Fibre Corp.		1,456,740		2,629,952
Formosa Petrochemical Corp.		364,000		864,488
Formosa Plastics Corp.		1,456,400		3,346,874
Fubon Financial Holding Co. Ltd.		3,094,371		6,360,631
Gigabyte Technology Co. Ltd.		186,000		1,840,578
Global Unichip Corp.		33,000		1,620,191
Globalwafers Co. Ltd.		88,000		1,625,766
Hon Hai Precision Industry Co. Ltd.		4,914,516		16,076,480
Hotai Motor Co. Ltd.		123,980		2,511,592


Security	Shares		Value

Taiwan (continued)
Hua Nan Financial Holdings Co. Ltd.		3,796,466	$	2,615,191
Innolux Corp.		2,366,209		1,230,619
Inventec Corp.		1,092,460		1,918,707
Largan Precision Co. Ltd.		42,000		3,329,957
Lite-On Technology Corp.		728,371		2,522,430
MediaTek Inc.		604,391		18,650,067
Mega Financial Holding Co. Ltd.		4,645,287		5,580,013
Micro-Star International Co. Ltd.		351,000		2,035,809
momo.com Inc.		35,200		488,611
Nan Ya Plastics Corp.		2,002,000		3,879,894
Nan Ya Printed Circuit Board Corp.		94,000		678,627
Nanya Technology Corp.		546,000		1,197,523
Nien Made Enterprise Co. Ltd.		68,000		726,944
Novatek Microelectronics Corp.		242,000		3,942,107
Parade Technologies Ltd.		30,000		1,064,314
Pegatron Corp.		728,000		1,919,131
PharmaEssentia Corp.^(b)		97,000		973,969
Pou Chen Corp.		728,000		732,868
Powerchip Semiconductor Manufacturing Corp.		1,274,000		1,095,419
President Chain Store Corp.		256,000		2,158,426
Quanta Computer Inc.		1,092,000		8,634,460
Realtek Semiconductor Corp.		182,642		2,733,310
Ruentex Development Co. Ltd.		546,898		622,984
Shanghai Commercial & Savings Bank Ltd. (The)		1,456,982		2,059,213
Shin Kong Financial Holding Co. Ltd.^(b)		5,462,143		1,462,501
Silergy Corp.		132,000		1,624,489
SinoPac Financial Holdings Co. Ltd.		4,467,525		2,734,000
Synnex Technology International Corp.		546,950		1,255,784
Taishin Financial Holding Co. Ltd.		4,742,751		2,598,134
Taiwan Business Bank		2,614,528		1,114,199
Taiwan Cement Corp.		2,597,464		2,643,526
Taiwan Cooperative Financial Holding Co. Ltd.		4,186,447		3,396,449
Taiwan High Speed Rail Corp.		728,000		686,901
Taiwan Mobile Co. Ltd.		728,000		2,275,611
Taiwan Semiconductor Manufacturing Co. Ltd.		9,828,670		196,755,151
Unimicron Technology Corp.		546,000		3,063,212
Uni-President Enterprises Corp.		2,004,694		4,632,613
United Microelectronics Corp.		4,550,000		7,087,345
Vanguard International Semiconductor Corp.		366,000		858,771
Voltronic Power Technology Corp.		26,000		1,111,833
Walsin Lihwa Corp.		1,092,272		1,233,270
Wan Hai Lines Ltd.		182,875		285,522
Winbond Electronics Corp.		1,326,904		1,153,364
Wistron Corp.		1,092,000		3,998,164
Wiwynn Corp.		35,000		2,467,528
WPG Holdings Ltd.		548,100		1,525,857
Yageo Corp.		137,112		2,411,677
Yang Ming Marine Transport Corp.		756,000		1,152,768
Yuanta Financial Holding Co. Ltd.		4,257,973		3,670,772
Zhen Ding Technology Holding Ltd.		182,097		586,232


				445,261,483

Thailand — 2.0%
Advanced Info Service PCL, NVDR		436,800		2,693,913
Airports of Thailand PCL, NVDR^(c)		1,547,000		2,604,923
Asset World Corp. PCL, NVDR^(c)		3,913,000		439,561
Bangkok Dusit Medical Services PCL, NVDR		4,386,200		3,399,909
Bangkok Expressway & Metro PCL, NVDR		3,257,800		674,624
Banpu PCL, NVDR		3,033,000		529,465
Berli Jucker PCL, NVDR		527,800		351,746
BTS Group Holdings PCL, NVDR^(c)		3,494,400		590,454
Bumrungrad Hospital PCL, NVDR		236,900		1,602,779
Central Pattana PCL, NVDR		782,600		1,426,644


Security	Shares		Value

Thailand (continued)
Central Retail Corp. PCL, NVDR^(c)		746,274	$	697,797
Charoen Pokphand Foods PCL, NVDR^(c)		1,492,400		783,031
CP ALL PCL, NVDR		2,111,200		3,107,901
CP Axtra PCL^(c)		777,400		623,180
Delta Electronics Thailand PCL, NVDR^(c)		1,255,800		2,779,108
Energy Absolute PCL, NVDR		673,600		752,989
Global Power Synergy PCL, NVDR		310,500		430,055
Gulf Energy Development PCL, NVDR^(c)		1,292,400		1,582,978
Home Product Center PCL, NVDR		2,548,043		753,590
Indorama Ventures PCL, NVDR^(c)		672,600		447,378
Intouch Holdings PCL, NVDR		418,625		869,324
Kasikornbank PCL, NVDR		236,600		801,378
Krung Thai Bank PCL, NVDR		1,292,275		579,216
Krungthai Card PCL, NVDR		400,400		493,646
Land & Houses PCL, NVDR		3,330,600		718,660
Minor International PCL, NVDR		1,401,420		1,204,908
Muangthai Capital PCL, NVDR		327,600		391,729
Osotspa PCL, NVDR		600,600		352,124
PTT Exploration & Production PCL, NVDR		546,084		2,304,645
PTT Global Chemical PCL, NVDR^(c)		910,076		858,128
PTT Oil & Retail Business PCL, NVDR		1,164,800		586,964
PTT Public Co. Ltd., NVDR		4,022,200		3,818,186
SCB X PCL, NVS		327,600		958,880
SCG Packaging PCL, NVDR		509,600		451,940
Siam Cement PCL (The), NVDR		309,400		2,355,076
Thai Oil PCL, NVDR		509,600		784,009
TMBThanachart Bank PCL, NVDR		9,900,800		499,347
True Corp. PCL^(b)(c)		4,331,656		736,571


			45,036,756


Total Common Stocks — 99.1% (Cost: $2,392,641,837)				2,270,083,156


Preferred Stocks

South Korea — 0.7%
Hyundai Motor Co.
Preference Shares, NVS		9,282		820,735
Series 2, Preference Shares, NVS		14,742		1,302,625
LG Chem Ltd., Preference Shares, NVS		3,276		664,168
Samsung Electronics Co. Ltd., Preference Shares, NVS		326,508		14,286,637


			17,074,165


Total Preferred Stocks — 0.7% (Cost: $5,131,991)				17,074,165


Security	Shares		Value

Rights

China — 0.0%
Kangmei Pharmaceutical Co. Ltd., (Expires 12/31/49)		38,498	$	—


South Korea — 0.0%
LG Display Co. Ltd., (Expires 03/14/24, Strike Price KWR 10070)^(b)		31,542		37,340


Total Rights — 0.0% (Cost: $—)				37,340


Total Long-Term Investments — 99.8% (Cost: $2,397,773,828)				2,287,194,661


Short-Term Securities

Money Market Funds — 2.7%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.51%^(d)(e)(f)		44,156,203		44,182,697
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.32%^(d)(e)		16,610,000		16,610,000


Total Short-Term Securities — 2.7% (Cost: $60,770,047)				60,792,697


Total Investments — 102.5% (Cost: $2,458,543,875)				2,347,987,358

Liabilities in Excess of Other Assets — (2.5)%				(56,951,232	)


Net Assets — 100.0%			$	2,291,036,126

^(a)	Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(b)	Non-income producing security.

^(c)	All or a portion of this security is on loan.

^(d)	Affiliate of the Fund.

^(e)	Annualized 7-day yield as of period end.

^(f)	All or a portion of this security was purchased with the cash collateral from loaned securities.

As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

For the period ended January 31, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.


Security	Shares		Value

Common Stocks

Austria — 0.8%
Erste Group Bank AG		230,291	$	9,920,568


Belgium — 1.8%
Ageas SA/NV		106,662		4,583,479
Groupe Bruxelles Lambert NV		58,918		4,466,555
KBC Group NV		167,587		10,931,967
Sofina SA		10,214		2,442,812


				22,424,813

Denmark — 1.4%
Danske Bank A/S		461,812		12,400,325
Tryg A/S		233,784		4,996,925


				17,397,250

Finland — 3.1%
Nordea Bank Abp		2,142,769		26,404,038
Sampo OYJ, Class A		302,272		12,651,727


				39,055,765

France — 10.5%
Amundi SA^(a)		41,008		2,773,682
AXA SA		1,207,312		40,523,802
BNP Paribas SA		703,006		47,230,872
Credit Agricole SA		715,384		10,247,769
Edenred SE		166,440		9,941,208
Eurazeo SE		29,466		2,509,921
Euronext NV^(a)		57,428		5,051,204
Societe Generale SA		492,717		12,665,300
Worldline SA/France^(a)(b)		159,592		2,157,442


				133,101,200

Germany — 13.7%
Allianz SE, Registered		269,722		72,063,233
Commerzbank AG		704,504		8,090,236
Deutsche Bank AG, Registered		1,293,826		16,713,289
Deutsche Boerse AG		127,220		25,334,546
Hannover Rueck SE		40,378		9,679,288
Muenchener Rueckversicherungs-Gesellschaft AG in
Muenchen, Registered		91,336		38,883,464
Talanx AG^(b)		43,211		3,031,726


				173,795,782

Ireland — 0.9%
AIB Group PLC		1,053,770		4,628,604
Bank of Ireland Group PLC		707,475		6,505,926


				11,134,530

Italy — 8.0%
Assicurazioni Generali SpA		678,636		15,138,277
Banco BPM SpA		811,608		4,378,862
FinecoBank Banca Fineco SpA		410,085		5,912,753
Intesa Sanpaolo SpA		10,386,227		32,003,014
Mediobanca Banca di Credito Finanziario SpA		369,778		4,897,340
Nexi SpA^(a)(b)		392,660		3,011,884
Poste Italiane SpA^(a)		350,523		3,800,948
UniCredit SpA		1,073,399		31,442,065


				100,585,143

Netherlands — 6.5%
ABN AMRO Bank NV, CVA^(a)		318,753		4,691,210
Adyen NV^(a)(b)		14,551		18,249,670
Aegon Ltd.		1,087,220		6,413,986
ASR Nederland NV		106,047		4,997,623
EXOR NV, NVS		62,650		6,061,544
ING Groep NV		2,422,298		34,417,136


Security	Shares		Value

Netherlands (continued)
NN Group NV		181,273	$	7,430,060


				82,261,229

Norway — 1.1%
DNB Bank ASA		619,714		12,047,061
Gjensidige Forsikring ASA		134,136		2,157,507


				14,204,568

Spain — 7.3%
Banco Bilbao Vizcaya Argentaria SA		3,986,545		37,311,815
Banco Santander SA		10,830,923		43,530,121
CaixaBank SA		2,762,688		11,780,075


				92,622,011

Sweden — 6.3%
EQT AB		238,087		6,393,146
Industrivarden AB, Class A		87,086		2,741,641
Industrivarden AB, Class C		97,855		3,075,492
Investor AB, Class B		1,156,693		27,234,066
L E Lundbergforetagen AB, Class B		50,859		2,651,829
Skandinaviska Enskilda Banken AB, Class A		1,062,492		15,089,656
Svenska Handelsbanken AB, Class A		976,623		10,528,320
Swedbank AB, Class A		568,462		11,584,106


				79,298,256

Switzerland — 15.2%
Baloise Holding AG, Registered		30,679		4,900,698
Banque Cantonale Vaudoise, Registered		19,915		2,549,844
Helvetia Holding AG, Registered		24,696		3,566,607
Julius Baer Group Ltd.		137,935		7,509,374
Partners Group Holding AG		15,188		20,491,269
Swiss Life Holding AG, Registered		19,758		14,188,773
Swiss Re AG		201,966		23,125,195
UBS Group AG, Registered		2,201,092		65,884,421
Zurich Insurance Group AG		97,859		49,721,131


				191,937,312

United Kingdom — 22.7%
3i Group PLC		651,686		20,400,990
abrdn PLC		1,262,776		2,686,473
Admiral Group PLC		174,323		5,542,970
Aviva PLC		1,833,558		10,008,612
Barclays PLC		10,113,779		18,794,711
Hargreaves Lansdown PLC		237,462		2,291,369
HSBC Holdings PLC		13,033,906		101,764,859
Legal & General Group PLC		4,002,981		12,875,357
Lloyds Banking Group PLC		42,452,869		22,757,086
London Stock Exchange Group PLC		278,753		31,530,878
M&G PLC		1,504,832		4,254,712
NatWest Group PLC, NVS		3,847,344		10,857,737
Phoenix Group Holdings PLC		498,576		3,183,224
Prudential PLC		1,838,884		18,890,059
Schroders PLC		536,402		2,744,286
St. James’s Place PLC		363,460		2,992,113
Standard Chartered PLC		1,534,443		11,596,616
Wise PLC, Class A^(b)		412,734		4,209,847


				287,381,899


Total Long-Term Investments — 99.3% (Cost: $1,301,612,444)				1,255,120,326


Security	Shares		Value

Short-Term Securities

Money Market Funds — 0.1%
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.32%^(c)(d)		550,000	$	550,000


Total Short-Term Securities — 0.1% (Cost: $550,000)				550,000


Total Investments — 99.4% (Cost: $1,302,162,444)				1,255,670,326

Other Assets Less Liabilities — 0.6%				8,205,829


Net Assets — 100.0%			$	1,263,876,155

^(a)	Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(b)	Non-income producing security.

^(c)	Affiliate of the Fund.

As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

For the period ended January 31, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.


Security	Shares		Value

Common Stocks

Austria — 2.1%
ams-OSRAM AG^(a)		92,503	$	216,498
ANDRITZ AG		6,090		374,915
AT&S Austria Technologie & Systemtechnik AG^(b)		2,178		52,617
BAWAG Group AG^(c)		6,997		360,251
CA Immobilien Anlagen AG		3,369		110,598
DO&CO AG^(b)		675		94,102
EVN AG		3,184		87,999
Immofinanz AG^(a)		3,150		74,765
Lenzing AG^(a)		1,722		57,597
Oesterreichische Post AG		3,084		104,374
Palfinger AG		1,317		34,084
Porr AG		1,460		20,485
Raiffeisen Bank International AG		13,277		276,816
Schoeller-Bleckmann Oilfield Equipment AG		905		42,985
Semperit AG Holding		713		11,173
UNIQA Insurance Group AG		11,103		93,159
Vienna Insurance Group AG Wiener Versicherung Gruppe		3,380		95,531
Wienerberger AG		9,468		320,851


				2,428,800

Belgium — 2.9%
Ackermans & van Haaren NV		2,086		348,790
Aedifica SA		4,233		275,840
Barco NV		6,300		104,658
Bekaert SA		3,235		157,781
bpost SA		9,276		37,913
Cofinimmo SA		3,265		237,291
Colruyt Group NV		4,136		188,966
Deme Group NV		690		86,594
Euronav NV		8,754		154,205
Exmar NV		1,065		8,632
Fagron		6,274		112,972
Galapagos NV^(a)		4,120		154,552
Intervest Offices & Warehouses NV		2,693		60,535
KBC Ancora		3,170		146,003
Kinepolis Group NV		1,266		56,046
Melexis NV		1,798		154,059
Montea NV		1,247		107,036
Ontex Group NV^(a)(b)		5,636		44,534
Proximus SADP		13,682		129,833
Recticel SA^(b)		3,588		44,359
Retail Estates NV		1,059		69,375
Shurgard Self Storage Ltd.		2,441		113,218
Solvay SA		6,690		182,961
Tessenderlo Group SA		2,326		66,594
VGP NV		1,203		141,099
X-Fab Silicon Foundries SE^(a)(b)(c)		5,388		51,782
Xior Student Housing NV		2,600		77,873


				3,313,501

China — 0.0%
Boshiwa International Holding Ltd.^(d)		20,000		—


Denmark — 4.3%
ALK-Abello A/S^(a)		11,618		187,478
Alm Brand A/S		76,819		139,455
Ambu A/S, Class B^(a)		16,870		279,823
Bavarian Nordic A/S^(a)(b)		7,043		161,800
Better Collective A/S^(a)		2,748		76,842
cBrain A/S		1,052		38,138
Chemometec A/S		1,424		77,020


Security	Shares		Value

Denmark (continued)
D/S Norden A/S		1,999	$	107,560
Dfds A/S		3,173		107,502
FLSmidth & Co. A/S		4,604		189,019
GN Store Nord A/S^(a)		12,121		285,844
H Lundbeck A/S		25,199		127,632
H Lundbeck A/S, Class A		3,497		15,430
ISS A/S		14,067		266,175
Jyske Bank A/S, Registered		4,345		332,812
Matas A/S		3,074		55,113
Netcompany Group A/S^(a)(b)(c)		4,063		162,067
Nilfisk Holding A/S^(a)		1,016		17,905
NKT A/S^(a)		4,793		334,187
NTG Nordic Transport Group A/S, Class A^(a)		485		21,767
Per Aarsleff Holding A/S		1,469		67,618
Ringkjoebing Landbobank A/S		2,453		395,359
Royal Unibrew A/S		4,514		295,692
Scandinavian Tobacco Group A/S, Class A^(c)		5,139		92,162
Schouw & Co. A/S		1,159		92,674
Solar A/S, Class B		486		31,650
Spar Nord Bank A/S		6,478		110,217
Sydbank A/S		4,999		221,851
Topdanmark A/S		4,005		177,615
TORM PLC, Class A		3,025		106,281
Zealand Pharma A/S, Class A^(a)(b)		4,437		303,099


				4,877,787

Finland — 2.5%
Cargotec OYJ, Class B		3,464		196,929
Citycon OYJ		7,617		39,833
Finnair OYJ^(a)		824,668		31,549
Huhtamaki OYJ		8,651		339,534
Kemira OYJ		9,717		181,876
Kempower OYJ^(a)(b)		1,488		47,616
Kojamo OYJ		10,901		129,236
Konecranes OYJ		6,036		259,225
Mandatum OYJ^(a)		36,284		163,825
Marimekko OYJ		2,680		40,027
Metsa Board OYJ, Class B		14,653		118,018
Musti Group OYJ		2,898		81,733
Nokian Renkaat OYJ		10,673		96,188
Outokumpu OYJ		32,568		139,024
Puuilo OYJ		6,827		65,760
QT Group OYJ^(a)(b)		1,681		118,570
Revenio Group OYJ		1,877		51,533
TietoEVRY OYJ		9,465		219,640
Tokmanni Group Corp.		4,358		74,726
Valmet OYJ		13,940		394,554
YIT OYJ^(b)		11,812		25,162


				2,814,558

France — 7.8%
ABC arbitrage		3,074		14,700
Abivax SA, NVS		3,094		40,392
Air France-KLM, NVS^(a)		10,336		131,744
Altarea SCA		349		30,550
Alten SA		2,649		409,589
Antin Infrastructure Partners SA		3,091		56,836
Aperam SA		4,592		141,508
Atos SE^(a)(b)		9,743		41,592
Aubay		669		29,705
Believe SA^(a)		2,166		25,515
Beneteau SACA		3,443		41,263
Boiron SA		318		13,754


Security	Shares		Value

France (continued)
Bonduelle SCA		1,068	$	11,347
Carmila SA		5,677		100,875
CGG SA^(a)		60,241		28,891
Cie. des Alpes		1,940		31,603
Cie. Plastic Omnium SA		5,166		59,210
Clariane SE		6,321		15,974
Coface SA		9,339		126,196
Derichebourg SA		8,893		45,884
Elior Group SA^(a)(c)		9,857		28,483
Elis SA		16,676		366,653
Equasens		467		26,873
Eramet SA		757		52,140
Esker SA		498		83,629
Etablissements Maurel et Prom SA		5,667		33,592
Euroapi SA^(a)		4,599		30,736
Eutelsat Communications SACA^(a)(b)		13,074		47,686
Exclusive Networks SA^(a)		1,244		25,409
Fnac Darty SA		948		25,326
Forvia SE^(a)		14,006		240,724
Gaztransport Et Technigaz SA		3,149		441,482
GL Events SACA		661		14,244
ICADE		3,109		105,259
ID Logistics Group SACA^(a)(b)		251		89,514
Imerys SA		3,007		100,001
Interparfums SA		1,877		99,313
IPSOS SA		3,554		233,252
JCDecaux SE^(a)		5,779		120,032
Kaufman & Broad SA		1,005		29,750
LISI SA		1,220		28,716
Manitou BF SA		979		21,954
Mercialys SA		8,366		95,178
Mersen SA		1,935		70,194
Metropole Television SA		2,371		33,627
Neoen SA^(c)		6,092		176,138
Nexans SA		2,770		252,121
Nexity SA		3,994		66,573
OVH Groupe SAS, NVS^(a)		3,348		35,761
Peugeot Invest		462		49,863
Pierre & Vacances SA, NVS^(a)		11,856		17,133
Quadient SA		3,076		65,171
Rexel SA		21,751		579,300
Rubis SCA		8,779		221,990
SCOR SE		13,623		406,390
Seche Environnement SACA, NVS		201		25,024
SES SA, Class A		34,280		210,326
Societe BIC SA		2,146		148,487
Societe pour l’Informatique Industrielle, NVS		814		61,361
SOITEC^(a)		2,234		322,878
Sopra Steria Group SACA		1,375		322,512
SPIE SA		12,571		415,818
Television Francaise 1 SA		3,570		31,482
Trigano SA		767		120,818
Ubisoft Entertainment SA^(a)		8,637		190,516
Valeo SE		18,412		240,323
Vallourec SACA^(a)		14,259		203,992
Valneva SE^(a)(b)		9,265		37,768
Verallia SA^(c)		6,603		232,850
Vicat SACA		1,635		63,611
Virbac SACA		379		136,777
Voltalia SA^(a)		3,376		28,889
VusionGroup^(a)		722		107,203
Waga Energy SA^(a)		550		14,182


Security	Shares		Value

France (continued)
Wavestone		639	$	42,331
Wendel SE		2,409		218,406


				8,886,889

Germany — 8.4%
1&1 AG		3,108		61,376
About You Holding SE^(a)		5,048		22,213
Adesso SE		277		27,790
Adtran Networks SE^(a)		1,548		33,458
AIXTRON SE		10,133		377,132
Amadeus Fire AG		507		61,248
Aroundtown SA^(a)(b)		83,352		185,936
Atoss Software AG		356		97,545
Aurubis AG		2,813		202,348
Auto1 Group SE^(a)(c)		9,771		40,651
BayWa AG^(b)		1,176		37,776
Befesa SA^(c)		3,255		114,384
Bertrandt AG		462		24,690
Bilfinger SE		2,465		104,498
Borussia Dortmund GmbH & Co. KGaA^(a)		6,572		26,999
CANCOM SE		3,127		99,262
Ceconomy AG^(a)		13,027		31,644
Cewe Stiftung & Co. KGaA		462		50,348
CompuGroup Medical SE & Co. KgaA		2,449		105,000
CropEnergies AG		2,142		26,644
CTS Eventim AG & Co. KGaA		5,577		377,435
CureVac NV^(a)		8,772		32,112
Datagroup SE		346		19,855
Dermapharm Holding SE		1,675		71,247
Deutsche Pfandbriefbank AG^(b)(c)		12,344		74,287
Deutz AG		10,783		65,168
Duerr AG		4,653		106,384
Eckert & Ziegler Strahlen- und Medizintechnik AG		1,343		66,796
Elmos Semiconductor SE		547		38,205
ElringKlinger AG		3,209		17,689
Encavis AG^(a)		10,755		149,734
Energiekontor AG		617		50,386
Evotec SE^(a)		12,628		193,172
Fielmann Group AG		2,242		116,657
flatexDEGIRO AG^(a)		6,488		70,947
Formycon AG^(a)		776		42,209
Fraport AG Frankfurt Airport Services Worldwide^(a)		3,323		195,033
Freenet AG		10,603		292,989
Gerresheimer AG		3,110		317,061
GFT Technologies SE		1,464		51,768
Grand City Properties SA^(a)		6,371		61,842
GRENKE AG		2,467		59,744
Hamborner REIT AG^(b)		6,790		47,994
Hamburger Hafen und Logistik AG, NVS^(b)		2,137		38,160
Heidelberger Druckmaschinen AG^(a)		24,655		29,107
Hensoldt AG		5,743		172,410
Hornbach Holding AG & Co. KGaA		738		52,988
Hugo Boss AG		5,074		316,895
Hypoport SE^(a)(b)		394		83,690
Ionos SE^(a)		1,848		39,067
Jenoptik AG		4,599		143,623
JOST Werke SE^(c)		1,178		56,887
K+S AG, Registered		17,229		241,658
KION Group AG		6,433		293,505
Kloeckner & Co. SE		6,132		44,347
Knaus Tabbert AG		368		16,329
Kontron AG		3,337		77,387
Krones AG		1,268		157,137


Security	Shares		Value

Germany (continued)
LANXESS AG		7,323	$	195,497
MBB SE		152		14,719
Medios AG^(a)		1,251		20,373
METRO AG^(a)		9,765		65,816
MorphoSys AG^(a)(b)		3,099		129,792
Mutares SE & Co. KGaA		1,214		49,310
Nagarro SE^(a)(b)		723		70,664
Nordex SE^(a)(b)		10,639		108,553
Norma Group SE		2,805		45,615
Northern Data AG^(a)(b)		1,419		42,317
Patrizia SE^(b)		3,559		30,365
Pfeiffer Vacuum Technology AG		324		54,365
PNE AG		2,644		38,106
ProSiebenSat.1 Media SE^(b)		12,374		87,048
PVA TePla AG^(a)		1,890		42,772
Redcare Pharmacy NV^(a)(c)		1,347		187,496
SAF-Holland SE		3,989		64,409
Salzgitter AG		2,111		58,879
Secunet Security Networks AG		156		27,943
SGL Carbon SE^(a)(b)		5,530		35,006
Siltronic AG		1,632		153,389
Sixt SE		1,233		120,163
SMA Solar Technology AG^(a)		1,376		70,575
Stabilus SE		2,207		154,652
Steico SE^(b)		463		14,194
Stratec SE		686		31,322
Stroeer SE & Co. KGaA		2,945		172,907
Suedzucker AG		5,359		75,637
SUESS MicroTec SE		1,786		60,675
Synlab AG, NVS		6,090		65,466
TAG Immobilien AG^(a)		15,865		222,060
Takkt AG		2,016		29,456
TeamViewer SE^(a)(c)		11,967		171,567
thyssenkrupp AG		44,816		276,590
Thyssenkrupp Nucera AG & Co. KGaa^(a)		2,284		37,249
United Internet AG, Registered		8,531		224,217
Varta AG^(a)(b)		1,783		33,498
VERBIO Vereinigte BioEnergie AG		1,677		36,684
Vib Vermoegen AG^(a)		1,036		16,122
Vitesco Technologies Group AG^(a)(b)		716		62,574
Vossloh AG		829		36,773
Wacker Neuson SE		1,902		35,244
Wuestenrot & Wuerttembergische AG		2,189		31,691


				9,514,596

Hong Kong — 0.0%
Peace Mark Holdings Ltd.^(d)		30,000		—


Ireland — 0.7%
Cairn Homes PLC		56,411		86,553
Dalata Hotel Group PLC		19,597		101,763
Glanbia PLC		17,766		317,563
Glenveagh Properties PLC^(a)(c)		48,584		64,371
Greencore Group PLC^(a)		44,838		58,187
Irish Residential Properties REIT PLC		39,956		49,743
Origin Enterprises PLC		10,208		37,508
Uniphar PLC^(a)		20,975		63,696


				779,384

Italy — 6.2%
A2A SpA		139,652		276,883
ACEA SpA		3,972		62,681
Anima Holding SpA^(c)		16,305		73,592
Arnoldo Mondadori Editore SpA		12,468		32,001


Security	Shares		Value

Italy (continued)
Ascopiave SpA		4,723	$	11,459
Azimut Holding SpA		9,613		267,998
Banca Generali SpA		5,194		198,010
Banca IFIS SpA		2,165		37,474
Banca Mediolanum SpA		20,141		206,117
Banca Monte dei Paschi di Siena SpA^(a)		74,019		259,787
Banca Popolare di Sondrio SpA		32,783		249,085
BFF Bank SpA^(c)		15,720		169,880
Bio On SpA^(b)(d)		801		—
BPER Banca		88,558		319,416
Brembo SpA		13,359		164,540
Brunello Cucinelli SpA		3,039		301,277
Buzzi SpA		8,558		290,886
Carel Industries SpA^(c)		3,952		95,701
CIR SpA-Compagnie Industriali^(a)		57,475		26,398
Credito Emiliano SpA		7,552		68,651
d’Amico International Shipping SA, NVS		3,780		25,234
Danieli & C Officine Meccaniche SpA		1,052		35,755
Datalogic SpA		1,874		12,241
De’ Longhi SpA		6,718		217,590
Digital Value SpA		220		15,419
El.En. SpA		4,335		42,785
Enav SpA^(c)		23,730		87,823
ERG SpA		5,409		158,605
Eurogroup Laminations SpA^(a)		7,687		25,040
Ferretti SpA, NVS		13,768		43,745
Fila SpA		2,898		27,373
Fincantieri SpA^(a)(b)		45,766		24,260
GVS SpA^(a)(c)		5,995		38,235
Hera SpA		73,286		258,159
Industrie De Nora SpA		2,884		45,365
Interpump Group SpA		6,784		335,343
Iren SpA		57,113		119,867
Italgas SpA		44,006		250,896
Juventus Football Club SpA, NVS^(a)(b)		9,512		23,129
Lottomatica Group SpA^(a)		6,848		79,512
LU-VE SpA, NVS		776		19,582
Maire Tecnimont SpA^(b)		13,445		69,874
MARR SpA		3,007		36,536
OVS SpA^(c)		19,414		46,244
Pharmanutra SpA		328		21,946
Piaggio & C SpA		14,757		49,056
Pirelli & C SpA^(c)		27,220		147,517
RAI Way SpA^(c)		8,527		46,629
Reply SpA		2,030		278,334
Safilo Group SpA^(a)(b)		18,971		22,695
Saipem SpA^(a)		107,562		154,289
Salcef Group SpA		1,372		34,844
Salvatore Ferragamo SpA^(b)		5,200		66,324
Sanlorenzo SpA/Ameglia		1,084		51,711
Saras SpA		42,415		71,814
Seco SpA^(a)(b)		3,528		11,835
Sesa SpA		679		92,132
SOL SpA		3,187		91,724
Spaxs SpA		5,167		28,500
Tamburi Investment Partners SpA		8,333		81,368
Technogym SpA^(c)		12,738		126,141
Technoprobe SpA^(a)		13,409		133,289
Tinexta SpA		1,907		40,328
Tod’s SpA^(a)		915		33,544
Unipol Gruppo SpA		35,834		222,515
Webuild SpA		35,527		74,727


Security	Shares		Value

Italy (continued)
Wiit SpA^(b)		924	$	18,423
Zignago Vetro SpA		2,823		41,242


				7,091,375

Netherlands — 3.6%
Aalberts NV		8,956		356,165
Alfen NV^(a)(b)(c)		1,971		119,193
Allfunds Group PLC		31,127		223,155
AMG Critical Materials NV		2,715		57,617
Arcadis NV		6,452		354,224
Ariston Holding NV		5,509		36,156
Basic-Fit NV^(a)(b)(c)		4,779		138,374
Brunel International NV		1,862		20,714
Cementir Holding NV		4,537		48,657
Corbion NV		5,293		102,495
Eurocommercial Properties NV		3,822		85,628
Fastned BV^(a)		593		17,582
Flow Traders Ltd., NVS		3,047		54,728
Fugro NV^(a)		10,214		188,579
InPost SA^(a)		17,763		266,797
Iveco Group NV^(a)		15,905		169,728
Just Eat Takeaway.com NV^(a)(c)		16,697		252,114
Koninklijke BAM Groep NV		25,635		70,773
Koninklijke Vopak NV		6,138		191,743
MFE-MediaForEurope NV, NVS		5,148		18,599
MFE-MediaForEurope NV, Class A		14,739		37,623
NSI NV		1,714		36,676
Pharming Group NV^(a)		60,290		76,007
PostNL NV		28,742		41,883
SBM Offshore NV		12,991		165,387
Signify NV^(c)		11,418		342,365
Sligro Food Group NV		1,989		30,896
Technip Energies NV		12,963		268,342
TKH Group NV		3,606		145,205
TomTom NV^(a)(b)		6,657		45,074
Van Lanschot Kempen NV		2,837		85,415
Vastned Retail NV		966		21,322
Wereldhave NV		2,762		41,372


				4,110,588

Norway — 4.9%
Aker ASA, Class A		1,993		118,427
Aker Carbon Capture ASA^(a)		31,333		30,892
Aker Solutions ASA		21,593		80,089
Atea ASA		7,135		95,113
Austevoll Seafood ASA		8,428		61,097
Avance Gas Holding Ltd.^(c)		1,751		20,412
Bakkafrost P/F		4,486		250,535
Belships ASA		7,778		16,196
BLUENORD ASA^(a)		2,064		98,321
Borr Drilling Ltd.^(b)		18,439		114,242
Borregaard ASA		8,336		142,193
BW Energy Ltd.^(b)		6,044		15,858
BW LPG Ltd.^(c)		8,226		101,522
BW Offshore Ltd.		7,972		18,283
Cadeler AS^(a)(b)		15,046		69,213
Cool Co. Ltd.		2,123		25,131
Crayon Group Holding ASA^(a)(b)(c)		6,279		52,786
DNO ASA		46,290		40,564
DOF Group ASA^(a)		13,571		73,257
Elkem ASA^(c)		25,260		52,415
Entra ASA^(c)		6,396		70,058
Europris ASA^(c)		13,874		103,987


Security	Shares		Value

Norway (continued)
Flex LNG Ltd.		2,667	$	79,524
Frontline PLC, NVS		11,989		267,986
Golden Ocean Group Ltd.		11,433		120,564
Gram Car Carriers ASA		1,059		22,907
Grieg Seafood ASA		4,485		28,145
Hafnia Ltd.		22,603		164,366
Hexagon Composites ASA^(a)		10,847		24,299
Hoegh Autoliners ASA		8,622		86,816
Kitron ASA^(b)		15,983		48,648
Leroy Seafood Group ASA		24,150		96,994
MPC Container Ships ASA		32,108		48,265
NEL ASA^(a)(b)		147,818		73,799
Nordic Semiconductor ASA^(a)(b)		15,682		157,469
Norske Skog ASA^(b)(c)		6,450		22,226
Norwegian Air Shuttle ASA^(a)(b)		65,759		80,510
Nykode Therapeutics ASA^(a)(b)		13,223		22,719
Odfjell Drilling Ltd.		9,124		33,829
PGS ASA^(a)		86,344		54,028
Protector Forsikring ASA		5,073		90,971
REC Silicon ASA^(a)(b)		23,491		27,448
Scatec ASA^(a)(c)		10,599		78,811
Schibsted ASA, Class A		6,576		201,732
Schibsted ASA, Class B		8,678		249,021
Seadrill Ltd.^(a)(b)		3,249		139,846
SpareBank 1 Nord Norge		8,464		83,375
SpareBank 1 Oestlandet		3,257		37,905
SpareBank 1 SMN		11,732		159,727
SpareBank 1 SR-Bank ASA		16,051		194,656
Stolt-Nielsen Ltd.		2,059		76,961
Storebrand ASA		39,515		355,286
Subsea 7 SA		20,590		277,512
TGS ASA		11,866		115,548
TOMRA Systems ASA		21,094		211,885
Veidekke ASA		9,686		88,412
Wallenius Wilhelmsen ASA		9,336		90,759


				5,563,540

Portugal — 0.6%
Altri SGPS SA		6,833		33,309
Banco Comercial Portugues SA, Class R^(a)		740,654		215,454
Corticeira Amorim SGPS SA		3,604		36,806
CTT-Correios de Portugal SA		7,519		29,834
Greenvolt Energias Renovaveis SA^(a)(b)		4,823		42,115
Mota-Engil SGPS SA		8,080		46,343
Navigator Co. SA (The)		19,317		79,596
NOS SGPS SA		16,296		57,764
REN—Redes Energeticas Nacionais SGPS SA		35,961		88,355
Semapa-Sociedade de Investimento e Gestao		1,357		20,997
Sonae SGPS SA		74,253		71,783


				722,356

Singapore — 0.0%
Jurong Technologies Industrial Corp. Ltd.^(d)		60,000		1


Spain — 3.9%
Acerinox SA		15,776		166,550
Aedas Homes SA^(c)		1,063		20,311
Almirall SA		7,294		69,190
Applus Services SA		11,615		140,461
Atresmedia Corp. de Medios de Comunicacion SA		8,400		33,762
Audax Renovables SA^(a)(b)		11,490		16,249
Banco de Sabadell SA		502,784		652,582
Bankinter SA		60,237		371,910
Cia. de Distribucion Integral Logista Holdings SA		5,244		148,326


Security	Shares		Value

Spain (continued)
Cie. Automotive SA		3,669	$	96,799
Construcciones y Auxiliar de Ferrocarriles SA		1,593		57,253
Distribuidora Internacional de Alimentacion SA^(a)(b)		1,335,510		17,319
eDreams ODIGEO SA^(a)		7,844		59,584
Ence Energia y Celulosa SA^(b)		12,200		38,574
Faes Farma SA		29,073		95,539
Fluidra SA		8,603		186,248
Gestamp Automocion SA^(c)		15,370		50,984
Global Dominion Access SA^(c)		7,949		30,712
Grenergy Renovables SA^(a)(b)		1,250		43,609
Indra Sistemas SA		11,975		212,607
Inmobiliaria Colonial SOCIMI SA		23,955		144,025
Laboratorios Farmaceuticos Rovi SA		1,897		130,841
Lar Espana Real Estate SOCIMI SA		4,466		29,972
Linea Directa Aseguradora SA Cia de Segurosy Reaseguros		55,933		58,452
Mapfre SA		81,914		180,368
Melia Hotels International SA^(a)		10,173		68,831
Merlin Properties SOCIMI SA		29,722		302,666
Neinor Homes SA^(c)		2,336		26,356
Opdenergy Holdings SA, NVS^(a)		3,811		23,764
Pharma Mar SA		1,411		58,900
Prosegur Cash SA^(c)		25,404		13,782
Prosegur Cia. de Seguridad SA		18,031		34,118
Sacyr SA		36,115		119,062
Sacyr SA, NVS		757		2,499
Solaria Energia y Medio Ambiente SA^(a)		7,430		109,697
Talgo SA^(c)		5,335		24,115
Tecnicas Reunidas SA^(a)		4,149		34,851
Unicaja Banco SA^(c)		115,959		110,874
Vidrala SA		1,875		187,932
Viscofan SA		3,529		206,707


				4,376,381

Sweden — 11.5%
AAK AB		16,341		368,295
AcadeMedia AB^(c)		7,972		43,550
AddLife AB, Class B		9,862		106,297
AddTech AB, Class B		23,347		481,642
AFRY AB		8,419		116,259
Alimak Group AB^(c)		6,252		55,098
Alleima AB, NVS		17,008		112,912
Arjo AB, Class B		19,009		88,973
Atrium Ljungberg AB, Class B		4,558		91,365
Attendo AB^(a)(c)		9,182		35,955
Avanza Bank Holding AB		11,234		225,663
Axfood AB		9,638		243,852
Betsson AB		10,165		110,627
Bilia AB, Class A		5,781		69,889
Billerud Aktiebolag		20,035		178,153
BioArctic AB, Class B^(a)(c)		3,239		70,254
BioGaia AB, Class B		7,385		79,906
Biotage AB		6,100		86,703
BoneSupport Holding AB^(a)(c)		4,867		96,358
Boozt AB^(a)(c)		5,262		61,637
Bravida Holding AB^(c)		18,449		139,894
Bufab AB		2,362		83,654
Bure Equity AB		4,885		139,522
Calliditas Therapeutics AB, Class B^(a)(b)		4,196		45,844
Camurus AB^(a)		2,705		134,101
Castellum AB^(a)		35,075		451,551
Catena AB		2,855		121,728
Cibus Nordic Real Estate AB		4,589		54,069


Security	Shares		Value

Sweden (continued)
Clas Ohlson AB, Class B		3,345	$	47,601
Cloetta AB, Class B		15,587		28,054
Coor Service Management Holding AB^(c)		9,018		37,998
Corem Property Group AB, Class B		46,946		47,299
Creades AB, Class A		4,929		32,577
Dios Fastigheter AB		9,060		70,274
Dometic Group AB^(c)		28,796		229,156
Electrolux AB, Class B^(a)		19,656		183,863
Electrolux Professional AB, Class B		21,605		114,797
Elekta AB, Class B		31,289		236,098
Embracer Group AB, Class B^(a)(b)		67,644		129,096
Engcon AB^(b)		3,498		27,991
Fabege AB		20,584		192,788
Fortnox AB		43,396		239,254
Granges AB		9,499		94,189
Hemnet Group AB		8,012		216,306
Hexatronic Group AB^(b)		16,515		34,642
Hexpol AB		23,600		270,139
HMS Networks AB^(b)		2,474		108,844
Hufvudstaden AB, Class A		10,077		130,305
Instalco AB		19,505		77,994
Intrum AB^(b)		7,781		46,088
Investment AB Oresund		2,548		27,367
INVISIO AB		3,586		69,601
Inwido AB		4,864		59,416
JM AB		5,909		96,221
Kambi Group PLC, Class B^(a)		2,101		28,164
Kindred Group PLC		20,447		240,543
Kinnevik AB, Class B^(a)		21,596		232,028
Lindab International AB		6,600		125,325
Loomis AB, Class B		6,431		176,068
Medicover AB, Class B		5,841		96,328
MEKO AB		3,392		34,452
Millicom International Cellular SA, SDR^(a)		12,416		212,991
MIPS AB		2,307		76,641
Modern Times Group MTG AB, Class B^(a)		7,896		60,436
Munters Group AB^(c)		11,667		186,220
Mycronic AB		6,626		184,294
NCAB Group AB^(b)		16,054		103,830
NCC AB, Class B		7,019		89,633
New Wave Group AB, Class B		7,805		69,319
Nolato AB, Class B		17,204		83,318
Nordnet AB publ		12,230		192,446
Norion Bank AB^(a)		4,217		16,700
Note AB^(a)(b)		1,656		23,406
NP3 Fastigheter AB		2,642		52,049
Nyfosa AB		12,657		113,209
OX2 AB, Class B^(a)		13,393		63,724
Pandox AB, Class B		8,400		115,183
Paradox Interactive AB		3,246		63,595
Peab AB, Class B^(b)		15,628		77,154
Platzer Fastigheter Holding AB, Class B		5,101		41,554
Ratos AB, Class B		18,134		59,775
Resurs Holding AB^(c)		10,588		14,550
Rvrc Holding AB		4,717		28,696
Samhallsbyggnadsbolaget i Norden AB^(b)		91,743		42,036
Scandic Hotels Group AB^(a)(b)(c)		12,803		58,986
Sdiptech AB, Class B^(a)		2,598		64,479
Sectra AB, Class B		12,076		224,933
Sinch AB^(a)(b)(c)		60,904		187,036
SkiStar AB		3,668		46,071
SSAB AB, Class A		20,752		161,447


Security	Shares		Value

Sweden (continued)
SSAB AB, Class B		58,356	$	445,750
Stillfront Group AB^(a)		40,824		42,308
Storskogen Group AB		122,953		84,875
Surgical Science Sweden AB^(a)		3,123		53,374
Svolder AB		7,954		43,994
Sweco AB, Class B		19,261		225,774
SwedenCare AB		6,092		36,212
Synsam AB		4,774		21,239
Thule Group AB^(c)		9,389		238,904
Trelleborg AB, Class B		20,250		616,353
Troax Group AB		3,578		77,730
Truecaller AB^(a)		20,106		59,448
Vimian Group AB^(a)(b)		13,557		37,206
Vitec Software Group AB, Class B		2,778		154,306
Vitrolife AB		6,554		107,901
Wallenstam AB, Class B^(b)		31,696		159,106
Wihlborgs Fastigheter AB		24,834		222,007
Xvivo Perfusion AB^(a)		2,278		63,306


				13,078,121

Switzerland — 8.9%
Accelleron Industries AG, NVS		8,542		273,342
Allreal Holding AG, Registered		1,330		236,569
ALSO Holding AG, Registered		582		170,390
Arbonia AG		4,842		56,068
Aryzta AG^(a)		89,392		160,448
Autoneum Holding AG^(a)		343		50,967
Basilea Pharmaceutica AG, Registered^(a)		1,096		42,968
Belimo Holding AG, Registered		886		413,132
Bell Food Group AG, Registered		195		57,176
Bossard Holding AG, Class A, Registered		501		119,892
Bucher Industries AG, Registered		595		252,022
Burckhardt Compression Holding AG		279		156,091
Burkhalter Holding AG		685		69,933
Bystronic AG, Registered		125		62,632
Cembra Money Bank AG		2,689		207,327
Coltene Holding AG, Registered		267		17,580
Comet Holding AG, Registered		692		228,162
COSMO Pharmaceuticals NV^(b)		774		57,403
Daetwyler Holding AG, Bearer		673		136,842
DKSH Holding AG		3,205		224,269
DocMorris AG^(a)(b)		1,061		98,982
dormakaba Holding AG		280		140,263
Dottikon Es Holding AG^(a)(b)		252		66,581
EFG International AG		8,580		110,180
Emmi AG, Registered		192		201,144
Flughafen Zurich AG, Registered		1,796		370,562
Forbo Holding AG, Registered		85		99,941
Galenica AG^(c)		4,464		393,647
Georg Fischer AG		7,329		490,519
Gurit Holding AG^(a)		231		20,237
Huber + Suhner AG, Registered		1,512		108,445
Idorsia Ltd.^(a)(b)		9,886		17,642
Implenia AG, Registered		1,294		45,939
Inficon Holding AG, Registered		153		232,235
Interroll Holding AG, Registered		67		195,693
Intershop Holding AG		93		66,726
Kardex Holding AG, Registered		547		138,928
Komax Holding AG, Registered		338		64,997
Landis+Gyr Group AG		1,918		157,269
LEM Holding SA, Registered		43		98,263
Leonteq AG		843		31,368
Medacta Group SA^(c)		627		93,832


Security	Shares		Value

Switzerland (continued)
Medmix AG^(c)		2,257	$	45,247
Meier Tobler Group AG		410		17,674
Metall Zug AG, Class B, Registered		17		28,368
Meyer Burger Technology AG^(a)(b)		293,572		37,760
Mobilezone Holding AG, Registered		3,932		60,384
Mobimo Holding AG, Registered		648		191,444
Montana Aerospace AG^(a)(c)		2,450		47,842
OC Oerlikon Corp. AG, Registered		16,305		71,055
Orior AG		599		46,251
PolyPeptide Group AG^(a)(b)(c)		1,322		24,266
PSP Swiss Property AG, Registered		4,100		545,698
Rieter Holding AG, Registered^(b)		239		25,146
Schweiter Technologies AG, NVS		89		48,828
Sensirion Holding AG^(a)(b)(c)		854		71,068
SFS Group AG		1,577		189,334
Siegfried Holding AG, Registered		360		358,613
SKAN Group AG		887		78,263
Softwareone Holding AG		9,944		186,376
St. Galler Kantonalbank AG, Class A, Registered		272		157,417
Stadler Rail AG		4,992		159,353
Sulzer AG, Registered		1,678		162,099
Swissquote Group Holding SA, Registered		1,023		256,745
Tecan Group AG, Registered		1,142		435,918
TX Group AG		233		35,101
u-blox Holding AG		606		59,725
Untrade Real Gold Mining^(d)		27,000		—
Valiant Holding AG, Registered		1,408		168,709
Vetropack Holding AG, Class A, Registered		1,150		50,028
Vontobel Holding AG, Registered		2,527		166,451
V-ZUG Holding AG^(a)		169		11,848
Ypsomed Holding AG, Registered		366		129,194
Zehnder Group AG, Registered		878		52,325


				10,155,136

United Kingdom — 29.9%
4imprint Group PLC		2,536		173,904
888 Holdings PLC^(a)		30,084		29,585
AB Dynamics PLC		1,512		34,012
Advanced Medical Solutions Group PLC		19,382		51,459
AG Barr PLC		9,115		65,612
Airtel Africa PLC^(c)		83,557		118,667
AJ Bell PLC		28,101		112,678
Alpha Financial Markets Consulting PLC		10,759		49,358
Alpha Group International PLC		3,015		62,839
Alphawave IP Group PLC^(a)		28,867		47,379
AO World PLC^(a)		28,043		32,358
Ascential PLC^(a)		39,994		154,047
Ashmore Group PLC		42,093		113,197
ASOS PLC^(a)(b)		5,389		25,171
Assura PLC		265,655		149,950
Aston Martin Lagonda Global Holdings PLC^(a)(c)		25,159		60,684
Atalaya Mining PLC		8,658		38,184
Auction Technology Group PLC^(a)		8,631		59,612
B&M European Value Retail SA		85,120		557,852
Babcock International Group PLC		22,237		127,090
Balanced Commercial Property Trust Ltd.		60,597		58,117
Balfour Beatty PLC		49,032		206,299
Bank of Georgia Group PLC		3,111		149,621
Beazley PLC		60,328		415,272
Bellway PLC		10,636		370,581
Big Yellow Group PLC		16,553		239,357
Bodycote PLC		16,951		136,678
boohoo Group PLC^(a)(b)		68,788		31,714


Security	Shares		Value

United Kingdom (continued)
Breedon Group PLC		26,093	$	120,201
Bridgepoint Group PLC^(c)		21,192		72,191
British Land Co. PLC (The)		78,442		377,049
Britvic PLC		22,580		252,533
Burford Capital Ltd.		16,812		256,309
Bytes Technology Group PLC		20,626		171,229
C&C Group PLC		34,961		68,054
Cab Payments Holdings PLC^(b)		8,040		8,100
Capita PLC^(a)		160,071		38,665
Capital & Counties Properties PLC		131,589		221,674
Carnival PLC^(a)		12,509		187,937
Centamin PLC		104,647		127,483
Central Asia Metals PLC		15,609		32,877
Ceres Power Holdings PLC^(a)(b)		11,258		34,127
Chemring Group PLC		25,031		111,661
Clarkson PLC		2,565		115,397
Close Brothers Group PLC		13,389		92,030
CLS Holdings PLC		15,330		19,066
Coats Group PLC		142,219		129,048
Computacenter PLC		7,743		282,877
ConvaTec Group PLC^(c)		146,524		445,927
Craneware PLC		2,651		72,232
Cranswick PLC		4,779		243,711
Crest Nicholson Holdings PLC		22,060		58,541
Currys PLC		85,348		53,518
Custodian Property Income REIT PLC		38,447		34,755
CVS Group PLC		6,485		138,727
Darktrace PLC^(a)		31,679		137,361
Deliveroo PLC, Class A^(a)(c)		81,804		121,813
Derwent London PLC		8,564		230,816
Diploma PLC		11,977		493,713
Direct Line Insurance Group PLC^(a)		117,365		250,451
DiscoverIE Group PLC		8,675		85,644
Diversified Energy Co. PLC		4,264		49,178
Domino’s Pizza Group PLC		32,413		143,143
Dowlais Group PLC		125,927		143,848
Dr. Martens PLC		53,325		60,041
Drax Group PLC		34,360		221,728
DS Smith PLC		123,080		438,853
Dunelm Group PLC		10,624		146,345
easyJet PLC^(a)		27,080		189,588
Elementis PLC^(a)		52,260		93,659
Empiric Student Property PLC		54,732		63,409
Energean PLC		13,745		165,153
EnQuest PLC^(a)		146,362		23,928
Essentra PLC		26,728		58,599
FD Technologies PLC^(a)		2,126		33,782
FDM Group Holdings PLC		8,447		49,189
Ferrexpo PLC		28,954		31,850
Fevertree Drinks PLC		9,213		117,924
Finablr PLC^(a)(c)(d)		20,497		—
Firstgroup PLC		59,546		125,370
Forterra PLC^(c)		18,813		39,387
Frasers Group PLC^(a)		10,111		103,451
Future PLC		9,326		83,572
Games Workshop Group PLC		2,960		371,557
Gamma Communications PLC		8,384		126,863
GB Group PLC		22,134		79,046
Genuit Group PLC		21,972		117,504
Genus PLC		5,870		170,497
Grafton Group PLC		17,647		217,356
Grainger PLC		63,345		211,289


Security	Shares		Value

United Kingdom (continued)
Great Portland Estates PLC		17,926	$	94,321
Greatland Gold PLC^(a)		418,572		38,193
Greggs PLC		9,217		310,477
Gulf Keystone Petroleum Ltd.		21,131		28,019
Halfords Group PLC		20,164		45,603
Hammerson PLC		338,563		115,537
Harbour Energy PLC		55,702		195,772
Hays PLC		142,249		177,008
Helios Towers PLC^(a)		64,598		64,755
Hill & Smith PLC		7,087		167,754
Hilton Food Group PLC		6,805		67,784
Hiscox Ltd.		31,015		408,382
Hochschild Mining PLC^(a)		28,741		37,787
Home REIT PLC^(d)		61,201		22,134
Howden Joinery Group PLC		49,026		496,481
Hunting PLC		13,789		57,405
Ibstock PLC^(c)		34,454		66,980
IG Group Holdings PLC		34,975		314,290
IMI PLC		23,310		494,395
Impact Healthcare REIT PLC, Class B		29,789		32,181
Impax Asset Management Group PLC		8,733		60,041
Inchcape PLC		33,012		284,258
Indivior PLC, NVS^(a)		10,598		186,286
IntegraFin Holdings PLC		27,200		101,438
Intermediate Capital Group PLC		25,968		585,451
International Distributions Services PLC^(a)		64,277		225,476
Investec PLC		57,648		375,318
IP Group PLC		92,945		61,722
ITM Power PLC^(a)(b)		39,229		29,571
ITV PLC		322,453		244,245
IWG PLC^(a)		67,874		160,847
J D Wetherspoon PLC^(a)		8,282		88,165
JET2 PLC		15,401		260,756
John Wood Group PLC^(a)		61,765		122,451
Johnson Matthey PLC		16,370		337,533
Johnson Service Group PLC		37,130		68,794
JTC PLC^(c)		14,213		142,869
Judges Scientific PLC		517		60,278
Jupiter Fund Management PLC		38,713		38,783
Just Group PLC		91,351		98,432
Kainos Group PLC		7,917		115,081
Keller Group PLC		6,704		74,255
Keywords Studios PLC		6,631		138,666
Kier Group PLC^(a)		37,095		60,079
Lancashire Holdings Ltd.		21,343		164,181
Learning Technologies Group PLC		54,427		55,513
Liontrust Asset Management PLC		5,901		46,578
LondonMetric Property PLC		97,017		237,051
LXI REIT PLC		143,860		191,866
Man Group PLC/Jersey		107,212		322,147
Marks & Spencer Group PLC		176,234		550,607
Marlowe PLC^(a)		7,418		35,253
Marshalls PLC		20,467		72,627
Me Group International PLC		17,158		27,615
Mitchells & Butlers PLC^(a)		24,356		80,314
Mitie Group PLC		113,749		149,055
Mobico Group PLC		45,616		49,362
Molten Ventures PLC^(a)		13,762		41,613
Moneysupermarket.com Group PLC		45,403		146,493
Moonpig Group PLC^(a)		26,374		55,807
Morgan Advanced Materials PLC		25,162		86,416
Morgan Sindall Group PLC		4,068		116,769


Security	Shares		Value

United Kingdom (continued)
NCC Group PLC		26,497	$	40,699
Network International Holdings PLC^(a)(c)		42,531		208,807
Next 15 Group PLC		7,780		90,215
Ninety One PLC		24,596		55,016
OSB Group PLC		35,662		202,927
Oxford Instruments PLC		4,931		138,729
Oxford Nanopore Technologies PLC^(a)		52,461		106,574
Pagegroup PLC		29,240		169,938
Pan African Resources PLC		170,725		38,772
Paragon Banking Group PLC		18,729		166,811
Pennon Group PLC		23,383		208,193
Petrofac Ltd.^(a)(b)		38,575		14,937
Pets at Home Group PLC		40,909		145,267
Picton Property Income Ltd.		47,608		40,390
Playtech PLC^(a)		20,614		116,096
Plus500 Ltd.		7,064		159,766
Polar Capital Holdings PLC		7,965		45,778
Premier Foods PLC		57,401		103,442
Primary Health Properties PLC		120,953		148,915
PRS REIT PLC (The)		47,545		50,734
PZ Cussons PLC		20,477		34,568
QinetiQ Group PLC		46,923		211,915
Quilter PLC^(c)		123,607		164,151
Rank Group PLC^(a)		17,004		15,171
Rathbones Group PLC		5,726		119,779
Redde Northgate PLC		20,392		91,742
Redrow PLC		25,032		190,156
Renew Holdings PLC		7,182		80,112
Renewi PLC^(a)		6,571		48,882
Renishaw PLC		3,234		143,029
RHI Magnesita NV		1,628		69,405
Rightmove PLC		72,186		510,873
Rotork PLC		77,576		305,813
RS GROUP PLC		42,304		419,189
RWS Holdings PLC		26,536		79,903
S4 Capital PLC^(a)		39,412		21,976
Safestore Holdings PLC		19,401		202,046
Savills PLC		12,428		159,548
Serco Group PLC		98,606		215,172
Serica Energy PLC		23,327		62,348
SIG PLC^(a)		68,107		28,354
Sirius Real Estate Ltd.		121,847		140,210
Smart Metering Systems PLC		11,857		142,901
Softcat PLC		11,579		212,187
SolGold PLC^(a)		130,537		12,904
Spectris PLC		9,159		426,383
Spire Healthcare Group PLC^(c)		25,508		76,446
Spirent Communications PLC		52,479		78,286
SSP Group PLC^(a)		70,914		201,820
SThree PLC		12,340		63,854
Supermarket Income REIT PLC		112,428		115,409
Synthomer PLC^(a)		10,878		21,720
Target Healthcare REIT PLC		56,214		59,156
Tate & Lyle PLC		36,168		285,556
TBC Bank Group PLC		4,254		157,150
Team17 Group PLC^(a)		10,291		35,213
Telecom Plus PLC		6,828		125,816
THG PLC, Class B^(a)		51,311		42,786
TI Fluid Systems PLC^(c)		30,194		54,755
TP ICAP Group PLC		70,024		165,905
Trainline PLC^(a)(c)		40,840		171,004
Travis Perkins PLC		19,114		190,655


Security	Shares		Value

United Kingdom (continued)
Tritax Big Box REIT PLC		169,934	$	355,772
Trustpilot Group PLC^(a)(c)		26,754		60,928
TUI AG^(a)		40,729		280,607
Tullow Oil PLC^(a)		101,326		39,715
Tyman PLC		17,724		68,845
UK Commercial Property REIT Ltd.		70,644		57,224
UNITE Group PLC (The)		33,095		422,816
Urban Logistics REIT PLC		42,083		66,878
Vanquis Banking Group PLC		22,287		33,385
Vesuvius PLC		19,166		115,400
Victoria PLC^(a)		4,854		17,163
Victrex PLC		7,828		135,215
Virgin Money UK PLC		101,930		201,319
Vistry Group PLC		29,511		373,294
Volex PLC		11,825		47,505
Volution Group PLC		17,759		97,229
Warehouse REIT PLC		34,314		37,746
Watches of Switzerland Group PLC^(a)(c)		21,440		100,970
Weir Group PLC (The)		23,198		533,227
WH Smith PLC		11,656		178,118
Wickes Group PLC		24,222		48,060
Wincanton PLC		11,545		63,123
Workspace Group PLC		12,956		85,221
Yellow Cake PLC^(a)(c)		19,601		172,268
YouGov PLC		9,372		138,369
Young & Co.‘s Brewery PLC, Series A, Class A		1,874		24,343


				33,979,417


Total Common Stocks — 98.2% (Cost: $150,414,530)				111,692,430


Preferred Stocks

Germany — 0.6%
Draegerwerk AG & Co. KGaA, Preference Shares, NVS		775		39,836
Einhell Germany AG, Preference Shares, NVS		160		26,974
Fuchs Petrolub SE, Preference Shares, NVS		6,181		270,935
Jungheinrich AG, Preference Shares, NVS		4,319		145,375
Schaeffler AG, Preference Shares, NVS^(b)		10,985		69,418
Sixt SE, Preference Shares, NVS		1,514		103,686
STO SE & Co. KGaA, Preference Shares, NVS		237		37,548


				693,772

Italy — 0.1%
Danieli & C Officine Meccaniche SpA, Preference Shares, NVS		3,444		83,591


Total Preferred Stocks — 0.7% (Cost: $859,660)				777,363


Warrants

Italy — 0.0%
Webuild SpA (Issued/Exercisable 08/02/21, 1 Share for 1 Warrant, Expires 08/31/30, Strike Price EUR 0.001)^(b)		5,910		—


Total Warrants — 0.0% (Cost: $—)				—


Total Long-Term Investments — 98.9% (Cost: $151,274,190)				112,469,793


Security	Shares		Value

Short-Term Securities

Money Market Funds — 4.5%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.51%^(e)(f)(g)		5,108,225	$	5,111,290
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.32%^(e)(f)		40,000		40,000


Total Short-Term Securities — 4.5% (Cost: $5,149,443)			5,151,290


Total Investments — 103.4% (Cost: $156,423,633)			117,621,083

Liabilities in Excess of Other Assets — (3.4)%				(3,872,310	)


Net Assets — 100.0%			$	113,748,773

^(a)	Non-income producing security.

^(b)	All or a portion of this security is on loan.

^(c)	Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(d)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

^(e)	Affiliate of the Fund.

^(f)	Annualized 7-day yield as of period end.

As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

For the period ended January 31, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.


Security	Shares		Value

Common Stocks

Australia — 2.1%
Ampol Ltd.		923	$	21,831
ANZ Group Holdings Ltd.		10,323		182,143
APA Group		4,458		24,658
Aristocrat Leisure Ltd.		2,037		58,728
ASX Ltd.		615		26,293
Aurizon Holdings Ltd.		5,114		12,606
BHP Group Ltd.		17,173		525,391
BlueScope Steel Ltd.		1,806		27,575
Brambles Ltd.		5,233		49,895
CAR Group Ltd.		1,228		26,367
Cochlear Ltd.		242		48,025
Coles Group Ltd.		4,880		50,642
Commonwealth Bank of Australia		5,689		433,811
Computershare Ltd.		1,844		30,543
CSL Ltd.		1,655		325,005
Dexus		3,613		18,284
Endeavour Group Ltd./Australia		4,266		15,612
Fortescue Ltd.		5,956		115,110
Goodman Group		5,610		93,121
GPT Group (The)		6,533		19,745
IDP Education Ltd.		692		8,862
IGO Ltd.		2,306		11,210
Insurance Australia Group Ltd.		7,417		29,115
James Hardie Industries PLC^(a)		1,500		56,356
Lottery Corp. Ltd. (The)		7,132		23,410
Macquarie Group Ltd.		1,236		152,509
Medibank Pvt Ltd.		9,490		23,759
Mineral Resources Ltd.		571		22,023
Mirvac Group		14,867		20,894
National Australia Bank Ltd.		10,729		226,279
Northern Star Resources Ltd.		3,728		31,978
Orica Ltd.		1,345		14,186
Origin Energy Ltd.		6,071		33,883
Pilbara Minerals Ltd.^(b)		8,584		19,551
Qantas Airways Ltd.^(a)		2,536		9,143
QBE Insurance Group Ltd.		5,279		54,356
Ramsay Health Care Ltd.		615		20,503
REA Group Ltd.		154		18,367
Reece Ltd.		999		14,716
Rio Tinto Ltd.		1,231		105,924
Santos Ltd.		10,836		54,764
Scentre Group		19,233		38,236
SEEK Ltd.		1,076		17,738
Sonic Healthcare Ltd.		1,461		30,462
South32 Ltd.		16,636		36,020
Stockland		8,644		25,527
Suncorp Group Ltd.		4,228		38,917
Telstra Corp. Ltd.		14,637		38,603
Transurban Group		10,711		94,099
Treasury Wine Estates Ltd.		2,635		18,477
Vicinity Ltd.		11,335		15,046
Washington H Soul Pattinson & Co. Ltd.		730		16,318
Wesfarmers Ltd.		3,843		145,484
Westpac Banking Corp.		11,926		187,090
WiseTech Global Ltd.		500		23,541
Woodside Energy Group Ltd.		6,384		133,529
Woolworths Group Ltd.		4,184		98,261
Xero Ltd.^(a)		511		36,577


				4,051,098


Security	Shares		Value

Austria — 0.1%
Erste Group Bank AG		1,230	$	52,986
OMV AG		538		23,947
Verbund AG		231		18,785
voestalpine AG		423		12,585


				108,303

Belgium — 0.3%
Ageas SA/NV		462		19,853
Anheuser-Busch InBev SA/NV		2,923		180,810
Argenx SE^(a)		203		76,659
D’ieteren Group		84		16,969
Elia Group SA/NV		121		14,569
Groupe Bruxelles Lambert NV		385		29,187
KBC Group NV		846		55,186
Lotus Bakeries NV		1		8,527
Sofina SA		39		9,327
Syensqo SA^(a)		269		23,980
UCB SA		424		39,884
Umicore SA		692		15,741
Warehouses De Pauw CVA		503		14,716


				505,408

Canada — 3.4%
Agnico Eagle Mines Ltd.		1,668		81,983
Air Canada^(a)		461		6,247
Algonquin Power & Utilities Corp.		2,498		14,808
Alimentation Couche-Tard Inc.		2,634		154,343
AltaGas Ltd.		1,180		24,531
ARC Resources Ltd.		2,323		36,077
Bank of Montreal		2,416		227,574
Bank of Nova Scotia (The)		4,031		188,500
Barrick Gold Corp.		5,838		91,188
BCE Inc.		231		9,321
Brookfield Asset Management Ltd.		1,191		47,890
Brookfield Corp., Class A		4,765		189,119
Brookfield Renewable Corp., Class A		423		11,817
BRP Inc.		129		8,140
CAE Inc.^(a)		976		19,543
Cameco Corp.		1,385		66,126
Canadian Apartment Properties REIT		269		9,338
Canadian Imperial Bank of Commerce		3,076		139,014
Canadian National Railway Co.		1,894		234,952
Canadian Natural Resources Ltd.		3,748		239,859
Canadian Pacific Kansas City Ltd.		3,193		256,946
Canadian Tire Corp. Ltd., Class A, NVS		148		15,731
Canadian Utilities Ltd., Class A, NVS		461		10,506
CCL Industries Inc., Class B, NVS		500		21,399
Cenovus Energy Inc.		4,893		79,266
CGI Inc.^(a)		700		78,390
Constellation Software Inc./Canada		69		190,706
Descartes Systems Group Inc. (The)^(a)		287		25,130
Dollarama Inc.		985		72,290
Element Fleet Management Corp.		1,328		22,403
Emera Inc.		851		30,073
Empire Co. Ltd., Class A, NVS		500		12,957
Enbridge Inc.		7,214		256,162
Fairfax Financial Holdings Ltd.		77		80,266
First Quantum Minerals Ltd.		2,057		18,666
FirstService Corp.		153		25,608
Fortis Inc./Canada		1,577		63,270
Franco-Nevada Corp.		653		70,650
George Weston Ltd.		209		26,629
GFL Environmental Inc.		800		27,181


Security	Shares		Value

Canada (continued)
Gildan Activewear Inc.		692	$	22,853
Great-West Lifeco Inc.		1,000		33,382
Hydro One Ltd.^(c)		1,115		33,090
iA Financial Corp. Inc.		385		26,174
IGM Financial Inc.		280		7,575
Imperial Oil Ltd.		627		36,166
Intact Financial Corp.		615		96,176
Ivanhoe Mines Ltd., Class A^(a)(b)		2,037		21,378
Keyera Corp.		692		16,738
Kinross Gold Corp.		3,959		21,820
Loblaw Companies Ltd.		577		57,659
Lundin Mining Corp.		2,229		18,204
Magna International Inc.		962		54,674
Manulife Financial Corp.		6,340		140,150
MEG Energy Corp.^(a)		979		18,510
Metro Inc./CN		754		39,589
National Bank of Canada		1,153		88,187
Northland Power Inc.		653		12,016
Nutrien Ltd.		1,639		81,728
Onex Corp.		270		19,936
Open Text Corp.		884		38,550
Pan American Silver Corp.		1,235		16,718
Parkland Corp.		500		17,063
Pembina Pipeline Corp.		1,738		59,866
Power Corp. of Canada		1,998		58,241
Quebecor Inc., Class B		461		11,209
RB Global Inc.		615		39,367
Restaurant Brands International Inc.		961		75,017
RioCan REIT		500		6,802
Rogers Communications Inc., Class B, NVS		1,290		60,257
Royal Bank of Canada		4,752		463,766
Saputo Inc.		1,000		20,618
Shopify Inc., Class A^(a)		4,059		324,943
Stantec Inc.		378		30,373
Sun Life Financial Inc.		1,921		99,576
Suncor Energy Inc.		4,442		147,092
TC Energy Corp.		3,504		138,237
Teck Resources Ltd., Class B		1,607		64,318
TELUS Corp.		1,499		26,848
TFI International Inc.		270		35,484
Thomson Reuters Corp.		539		80,025
TMX Group Ltd.		948		23,445
Toromont Industries Ltd.		270		23,649
Toronto-Dominion Bank (The)		6,227		378,266
Tourmaline Oil Corp.		1,038		44,880
Waste Connections Inc.		884		137,250
West Fraser Timber Co. Ltd.		204		16,222
Wheaton Precious Metals Corp.		1,597		74,846
WSP Global Inc.		396		58,175


				6,601,707

Denmark — 1.0%
AP Moller - Maersk A/S, Class A		11		19,946
AP Moller - Maersk A/S, Class B, NVS		18		33,188
Carlsberg A/S, Class B		351		45,162
Coloplast A/S, Class B^(b)		443		51,065
Danske Bank A/S		2,383		63,987
Demant A/S^(a)		385		17,440
DSV A/S		639		114,323
Genmab A/S^(a)		231		63,877
Novo Nordisk A/S		11,092		1,267,864
Novozymes A/S, Class B		1,183		60,618
Orsted A/S^(c)		620		34,946


Security	Shares		Value

Denmark (continued)
Pandora A/S		278	$	40,621
Rockwool A/S, Class B		38		10,360
Tryg A/S		1,346		28,770
Vestas Wind Systems A/S^(a)		3,306		93,213


				1,945,380

Finland — 0.3%
Elisa OYJ		538		24,512
Fortum OYJ		1,575		21,530
Kesko OYJ, Class B		923		18,026
Kone OYJ, Class B		1,114		55,144
Metso OYJ		2,245		22,438
Neste OYJ		1,422		49,023
Nokia OYJ		17,671		63,885
Nordea Bank Abp		10,844		133,624
Orion OYJ, Class B		346		15,929
Sampo OYJ, Class A		1,571		65,755
Stora Enso OYJ, Class R		1,806		22,981
UPM-Kymmene OYJ		1,869		67,980
Wartsila OYJ Abp		1,460		21,537


				582,364

France — 3.3%
Accor SA		654		25,829
Aeroports de Paris SA		115		15,388
Air Liquide SA		1,760		329,355
Airbus SE		2,051		326,695
Alstom SA		854		10,769
Amundi SA^(c)		230		15,557
ArcelorMittal SA		1,766		48,636
Arkema SA		230		25,032
AXA SA		6,132		205,822
BioMerieux		154		16,575
BNP Paribas SA		3,553		238,705
Bollore SE		2,844		18,785
Bouygues SA		731		26,778
Bureau Veritas SA		884		23,513
Capgemini SE		531		118,053
Carrefour SA		1,960		33,462
Cie. de Saint-Gobain		1,513		106,979
Cie. Generale des Etablissements Michelin SCA		2,308		76,632
Covivio SA/France		192		9,297
Credit Agricole SA		3,887		55,681
Danone SA		2,232		148,704
Dassault Aviation SA		77		14,584
Dassault Systemes SE		2,305		119,487
Edenred SE		807		48,201
Eiffage SA		269		28,146
Engie SA		6,051		96,649
EssilorLuxottica SA		996		195,189
Eurazeo SE		154		13,118
Eurofins Scientific SE		424		25,532
Euronext NV^(c)		307		27,003
Gecina SA		176		19,410
Getlink SE		1,177		20,281
Hermes International SCA		107		225,734
Ipsen SA		115		13,259
Kering SA		251		103,104
Klepierre SA		730		18,900
La Francaise des Jeux SAEM^(c)		307		12,444
Legrand SA		871		84,414
L’Oreal SA		820		392,414
LVMH Moet Hennessy Louis Vuitton SE		942		783,799


Security	Shares		Value

France (continued)
Orange SA		6,272	$	74,586
Pernod Ricard SA		686		112,494
Publicis Groupe SA		731		73,241
Remy Cointreau SA		77		7,802
Renault SA		653		24,592
Safran SA		1,149		214,528
Sanofi SA		3,863		386,862
Sartorius Stedim Biotech		103		27,752
Schneider Electric SE		1,848		363,040
SEB SA		77		9,402
Societe Generale SA		2,394		61,538
Sodexo SA		308		34,745
Teleperformance SE		193		30,142
Thales SA		347		50,750
TotalEnergies SE		7,858		509,792
Unibail-Rodamco-Westfield, New^(a)		399		28,570
Veolia Environnement SA		2,305		75,106
Vinci SA		1,725		217,906
Vivendi SE		2,421		27,284
Worldline SA/France^(a)(c)		731		9,882


				6,457,929

Germany — 2.2%
adidas AG		549		103,645
Allianz SE, Registered		1,383		369,504
BASF SE		3,009		143,842
Bayer AG, Registered		3,376		105,050
Bayerische Motoren Werke AG		1,094		113,834
Bechtle AG		270		14,000
Beiersdorf AG		346		50,634
Brenntag SE		452		39,961
Carl Zeiss Meditec AG, Bearer		115		12,122
Commerzbank AG		3,766		43,247
Continental AG		347		28,347
Covestro AG^(a)(c)		616		32,528
Daimler Truck Holding AG		1,617		57,787
Delivery Hero SE^(a)(c)		538		12,207
Deutsche Bank AG, Registered		6,918		89,365
Deutsche Boerse AG		653		130,038
Deutsche Lufthansa AG, Registered^(a)		1,653		13,745
Deutsche Post AG, Registered		3,383		162,026
Deutsche Telekom AG, Registered		10,950		268,799
E.ON SE		7,647		103,458
Evonik Industries AG		769		14,147
Fresenius Medical Care AG & Co. KGaA		654		25,277
Fresenius SE & Co. KGaA		1,422		39,920
GEA Group AG		621		24,870
Hannover Rueck SE		196		46,985
Heidelberg Materials AG		500		46,172
HelloFresh SE^(a)		615		8,133
Henkel AG & Co. KGaA		384		26,262
Infineon Technologies AG		4,459		162,561
Knorr-Bremse AG		269		16,615
LEG Immobilien SE^(a)		231		19,168
Mercedes-Benz Group AG		2,719		183,567
Merck KGaA		460		75,475
MTU Aero Engines AG		192		44,147
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Registered		462		196,682
Nemetschek SE		192		17,717
Puma SE		346		13,924
Rational AG		17		13,059
Rheinmetall AG		147		51,475


Security	Shares		Value

Germany (continued)
RWE AG		2,100	$	77,544
SAP SE		3,548		614,679
Scout24 SE^(c)		211		15,536
Siemens AG, Registered		2,604		466,178
Siemens Healthineers AG^(c)		923		51,366
Symrise AG, Class A		479		49,420
Talanx AG^(a)		215		15,085
Volkswagen AG		117		16,518
Vonovia SE		2,547		79,345
Wacker Chemie AG		63		6,831
Zalando SE^(a)(c)		769		15,354


				4,328,151

Hong Kong — 0.6%
AIA Group Ltd.		38,600		302,717
BOC Hong Kong Holdings Ltd.		12,000		28,761
Budweiser Brewing Co. APAC Ltd.^(c)		7,600		11,979
CK Asset Holdings Ltd.		6,836		30,846
CK Hutchison Holdings Ltd.		8,836		45,636
CK Infrastructure Holdings Ltd.		2,000		11,878
CLP Holdings Ltd.		6,000		47,721
ESR Group Ltd.^(c)		7,800		9,971
Futu Holdings Ltd., ADR^(a)		171		7,989
Galaxy Entertainment Group Ltd.		7,000		36,329
Hang Lung Properties Ltd.		7,000		8,127
Hang Seng Bank Ltd.		2,600		27,066
Henderson Land Development Co. Ltd.		4,523		11,785
HKT Trust & HKT Ltd., Class SS		12,740		15,304
Hong Kong & China Gas Co. Ltd.		38,618		27,482
Hong Kong Exchanges & Clearing Ltd.		4,100		124,307
Hongkong Land Holdings Ltd.		3,800		11,862
Jardine Matheson Holdings Ltd.		500		20,077
Link REIT		8,840		44,339
MTR Corp. Ltd.		4,500		14,640
New World Development Co. Ltd.		5,583		6,843
Power Assets Holdings Ltd.		4,500		26,348
Sands China Ltd.^(a)		7,600		19,948
Sino Land Co. Ltd.		12,000		12,535
SITC International Holdings Co. Ltd.		4,000		6,069
Sun Hung Kai Properties Ltd.		4,500		42,000
Swire Pacific Ltd., Class A		1,500		11,606
Swire Properties Ltd.		4,000		7,475
Techtronic Industries Co. Ltd.		5,393		57,280
WH Group Ltd.^(c)		27,000		15,930
Wharf Holdings Ltd. (The)^(b)		3,000		8,765
Wharf Real Estate Investment Co. Ltd.		6,000		17,579
Xinyi Glass Holdings Ltd.		9,000		7,461


				1,078,655

Ireland — 0.2%
AIB Group PLC		5,145		22,599
Bank of Ireland Group PLC		3,589		33,004
CRH PLC		2,390		169,551
Flutter Entertainment PLC^(a)		593		121,717
Kerry Group PLC, Class A		539		48,043
Kingspan Group PLC		538		43,695
Smurfit Kappa Group PLC		885		32,979


				471,588

Israel — 0.2%
Azrieli Group Ltd.		154		10,377
Bank Hapoalim BM		4,010		34,117
Bank Leumi Le-Israel BM		4,896		37,186
Check Point Software Technologies Ltd.^(a)		346		54,990


Security	Shares		Value

Israel (continued)
CyberArk Software Ltd.^(a)		131	$	30,586
Elbit Systems Ltd.		113		23,310
Global-e Online Ltd.^(a)(b)		308		11,633
ICL Group Ltd.		2,459		11,184
Isracard Ltd.		—		1
Israel Discount Bank Ltd., Class A		4,151		20,136
Mizrahi Tefahot Bank Ltd.		424		15,780
Monday.com Ltd.^(a)		66		13,863
Nice Ltd.^(a)		231		47,928
Teva Pharmaceutical Industries Ltd., ADR^(a)		3,689		44,637
Wix.com Ltd.^(a)		193		24,488


				380,216

Italy — 0.7%
Amplifon SpA		423		13,806
Assicurazioni Generali SpA		3,613		80,595
Banco BPM SpA		4,157		22,428
DiaSorin SpA		77		7,081
Enel SpA		27,774		189,512
Eni SpA		8,140		129,762
Ferrari NV		427		148,911
FinecoBank Banca Fineco SpA		2,072		29,875
Infrastrutture Wireless Italiane SpA^(c)		845		10,218
Intesa Sanpaolo SpA		53,655		165,327
Leonardo SpA		939		16,389
Mediobanca Banca di Credito Finanziario SpA		2,190		29,004
Moncler SpA		723		44,477
Nexi SpA^(a)(c)		2,186		16,768
Poste Italiane SpA^(c)		1,806		19,584
Prysmian SpA		936		41,193
Recordati Industria Chimica e Farmaceutica SpA		384		21,195
Snam SpA		6,301		30,774
Stellantis NV		7,526		165,772
Telecom Italia SpA/Milano^(a)(b)		33,891		10,215
Tenaris SA, NVS		1,614		25,492
Terna - Rete Elettrica Nazionale		4,535		38,239
UniCredit SpA		5,508		161,341


				1,417,958

Netherlands — 1.4%
ABN AMRO Bank NV, CVA^(c)		1,575		23,180
Adyen NV^(a)(c)		76		95,318
Aegon Ltd.		6,456		38,087
AerCap Holdings NV^(a)		687		52,597
Akzo Nobel NV		615		47,240
ASM International NV		154		85,352
ASML Holding NV		1,370		1,188,595
ASR Nederland NV		544		25,637
BE Semiconductor Industries NV		263		39,523
CNH Industrial NV		3,343		40,116
Davide Campari-Milano NV		2,036		20,627
EXOR NV, NVS		347		33,573
Ferrovial SE		1,718		65,516
Heineken Holding NV		480		40,276
Heineken NV		979		98,483
IMCD NV		192		29,307
ING Groep NV		12,118		172,178
JDE Peet’s NV		269		6,640
Koninklijke Ahold Delhaize NV		3,278		92,188
Koninklijke KPN NV		11,526		39,208
Koninklijke Philips NV^(a)		2,683		56,760
NN Group NV		884		36,234
OCI NV		356		10,169


Security	Shares		Value

Netherlands (continued)
Prosus NV		4,947	$	147,182
Qiagen NV, NVS		746		32,363
Randstad NV		423		24,052
Universal Music Group NV		2,765		81,506
Wolters Kluwer NV		852		125,599


				2,747,506

New Zealand — 0.1%
Auckland International Airport Ltd.		4,906		25,295
EBOS Group Ltd.		548		12,549
Fisher & Paykel Healthcare Corp. Ltd.		1,960		28,308
Mercury NZ Ltd.		2,344		9,671
Meridian Energy Ltd.		4,574		15,496
Spark New Zealand Ltd.		6,032		19,597


				110,916

Norway — 0.2%
Adevinta ASA^(a)		1,524		16,374
Aker BP ASA		1,118		29,673
DNB Bank ASA		2,998		58,280
Equinor ASA		3,101		88,742
Gjensidige Forsikring ASA		693		11,147
Kongsberg Gruppen ASA		302		15,391
Mowi ASA		1,482		26,676
Norsk Hydro ASA		4,534		26,572
Orkla ASA		2,767		21,674
Salmar ASA		199		11,047
Telenor ASA		2,536		28,140
Yara International ASA		577		19,071


				352,787

Portugal — 0.0%
EDP - Energias de Portugal SA		10,187		45,438
Galp Energia SGPS SA		1,767		27,816
Jeronimo Martins SGPS SA		961		21,856


				95,110

Singapore — 0.4%
CapitaLand Ascendas REIT		11,477		24,873
CapitaLand Integrated Commercial Trust		21,131		31,501
CapitaLand Investment Ltd./Singapore		9,700		21,294
City Developments Ltd.		1,600		7,262
DBS Group Holdings Ltd.		6,400		151,586
Genting Singapore Ltd.		19,300		14,494
Grab Holdings Ltd., Class A^(a)		7,543		23,157
Jardine Cycle & Carriage Ltd.^(b)		400		7,718
Keppel Ltd.		4,300		22,849
Mapletree Logistics Trust		11,443		13,158
Mapletree Pan Asia Commercial Trust		7,700		8,339
Oversea-Chinese Banking Corp. Ltd.		11,525		110,241
Sea Ltd., ADR^(a)(b)		1,213		46,264
Seatrium Ltd.^(a)(b)		157,208		11,667
Sembcorp Industries Ltd.		3,300		13,888
Singapore Airlines Ltd.		6,100		30,276
Singapore Exchange Ltd.		1,400		9,776
Singapore Technologies Engineering Ltd.		4,700		13,024
Singapore Telecommunications Ltd.		26,900		48,004
United Overseas Bank Ltd.		4,300		90,638
UOL Group Ltd.		1,600		7,430
Wilmar International Ltd.		7,700		18,855


				726,294

Spain — 0.7%
Acciona SA		83		10,736
ACS Actividades de Construccion y Servicios SA		681		26,873
Aena SME SA^(c)		271		47,942


Security	Shares		Value

Spain (continued)
Amadeus IT Group SA		1,499	$	105,050
Banco Bilbao Vizcaya Argentaria SA		20,349		190,455
Banco Santander SA		55,950		224,866
CaixaBank SA		15,136		64,540
Cellnex Telecom SA^(c)		1,911		73,530
Corp. ACCIONA Energias Renovables SA		223		5,795
EDP Renovaveis SA		975		15,788
Enagas SA		594		9,670
Endesa SA		1,039		20,585
Grifols SA^(a)		1,039		11,318
Iberdrola SA		20,374		245,322
Iberdrola SA, NVS		351		4,230
Industria de Diseno Textil SA		3,612		154,440
Naturgy Energy Group SA		413		11,121
Redeia Corp. SA		961		15,991
Repsol SA		4,335		64,021
Telefonica SA		16,529		67,254


				1,369,527

Sweden — 0.9%
Alfa Laval AB		880		32,290
Assa Abloy AB, Class B		3,506		96,154
Atlas Copco AB, Class A		9,224		147,210
Atlas Copco AB, Class B		5,380		74,502
Beijer Ref AB, Class B		1,146		15,603
Boliden AB		884		23,464
Epiroc AB		2,306		40,744
Epiroc AB, Class B		1,345		20,971
EQT AB		1,375		36,922
Essity AB, Class B		2,037		47,835
Evolution AB^(c)		664		77,531
Fastighets AB Balder, Class B^(a)		2,076		13,779
Getinge AB, Class B		769		16,439
H & M Hennes & Mauritz AB, Class B		2,421		34,157
Hexagon AB, Class B		7,200		78,578
Holmen AB, Class B		317		12,493
Husqvarna AB, Class B		1,077		8,378
Industrivarden AB, Class A		423		13,317
Industrivarden AB, Class C		500		15,714
Indutrade AB		924		22,448
Investment AB Latour, Class B		500		12,575
Investor AB, Class B		5,813		136,866
L E Lundbergforetagen AB, Class B		270		14,078
Lifco AB, Class B		770		18,578
Nibe Industrier AB, Class B		4,842		28,932
Saab AB, Class B		275		17,707
Sagax AB, Class B		538		13,074
Sandvik AB		3,728		78,347
Securitas AB, Class B		1,811		17,592
Skandinaviska Enskilda Banken AB, Class A		5,340		75,839
Skanska AB, Class B		1,269		22,004
SKF AB, Class B		950		18,720
Svenska Cellulosa AB SCA, Class B		1,922		26,166
Svenska Handelsbanken AB, Class A		4,585		49,428
Swedbank AB, Class A		3,113		63,437
Swedish Orphan Biovitrum AB^(a)		652		18,300
Tele2 AB, Class B		1,448		12,346
Telefonaktiebolaget LM Ericsson, Class B		9,990		55,379
Telia Co. AB		8,952		23,089
Volvo AB, Class A		692		17,013
Volvo AB, Class B		5,103		122,295


Security	Shares		Value

Sweden (continued)
Volvo Car AB, Class B^(a)(b)		2,015	$	5,253


				1,675,547

Switzerland — 2.9%
ABB Ltd., Registered		5,472		231,530
Adecco Group AG, Registered		577		24,951
Alcon Inc.		1,698		127,817
Avolta AG, Registered^(a)		337		12,875
Bachem Holding AG, Class B		80		5,356
Baloise Holding AG, Registered		154		24,600
Banque Cantonale Vaudoise, Registered		103		13,188
Barry Callebaut AG, Registered		12		17,527
BKW AG		73		11,597
Bunge Global SA		500		44,045
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates, NVS		8		101,672
Cie. Financiere Richemont SA, Class A, Registered		1,748		259,638
Clariant AG, Registered		615		7,873
Coca-Cola HBC AG, Class DI		654		19,225
DSM-Firmenich AG		577		61,007
EMS-Chemie Holding AG, Registered		24		18,118
Geberit AG, Registered		114		65,622
Givaudan SA, Registered		31		128,915
Helvetia Holding AG, Registered		127		18,341
Holcim AG		1,766		134,885
Julius Baer Group Ltd.		752		40,940
Kuehne + Nagel International AG, Registered		192		65,065
Logitech International SA, Registered		534		44,767
Lonza Group AG, Registered		254		124,182
Nestle SA, Registered		9,049		1,031,138
Novartis AG, Registered		6,967		720,483
Partners Group Holding AG		78		105,236
Roche Holding AG, Bearer		103		31,202
Roche Holding AG, NVS		2,388		679,903
Sandoz Group AG^(a)		1,266		43,417
Schindler Holding AG, Participation Certificates, NVS		154		38,360
Schindler Holding AG, Registered		77		18,329
SGS SA		535		49,437
Siemens Energy AG^(a)		1,757		26,104
SIG Group AG		1,027		21,497
Sika AG, Registered		527		145,482
Sonova Holding AG, Registered		163		52,094
STMicroelectronics NV		2,366		103,885
Straumann Holding AG		390		59,242
Swatch Group AG (The), Bearer		93		21,833
Swatch Group AG (The), Registered		154		7,007
Swiss Life Holding AG, Registered		101		72,531
Swiss Prime Site AG, Registered		234		23,701
Swiss Re AG		1,050		120,225
Swisscom AG, Registered		82		49,059
Temenos AG, Registered		231		23,509
UBS Group AG, Registered		11,140		333,449
VAT Group AG^(c)		78		36,311
Zurich Insurance Group AG		497		252,521


				5,669,691

United Kingdom — 4.0%
3i Group PLC		3,382		105,873
abrdn PLC		7,032		14,960
Admiral Group PLC		693		22,035
Anglo American PLC		4,212		100,404
Antofagasta PLC		1,192		25,980
Ashtead Group PLC		1,537		100,507


Security	Shares		Value

United Kingdom (continued)
Associated British Foods PLC		1,230	$	36,432
AstraZeneca PLC		5,268		698,415
Auto Trader Group PLC^(c)		2,773		25,511
Aviva PLC		8,774		47,893
BAE Systems PLC		10,372		154,506
Barclays PLC		52,677		97,891
Barratt Developments PLC		3,306		22,531
Berkeley Group Holdings PLC		423		25,615
BP PLC		57,609		336,461
British American Tobacco PLC		7,272		214,405
BT Group PLC		23,669		33,533
Bunzl PLC		1,192		48,443
Burberry Group PLC		1,167		19,223
Centrica PLC		19,337		33,841
Coca-Cola Europacific Partners PLC		653		44,992
Compass Group PLC		5,755		158,514
Croda International PLC		500		30,263
DCC PLC		346		25,154
Diageo PLC		7,569		273,376
Endeavour Mining PLC		632		11,227
Entain PLC		2,249		27,394
Experian PLC		2,997		124,742
Glencore PLC		34,847		184,374
GSK PLC		14,030		277,482
Haleon PLC		18,855		76,585
Halma PLC		1,307		36,177
Hargreaves Lansdown PLC		1,191		11,492
Hikma Pharmaceuticals PLC		692		16,883
HSBC Holdings PLC		66,230		517,104
Imperial Brands PLC		2,874		68,991
Informa PLC		4,688		46,043
InterContinental Hotels Group PLC		572		54,199
Intertek Group PLC		577		32,751
J Sainsbury PLC		5,379		18,365
JD Sports Fashion PLC		9,337		13,797
Kingfisher PLC		7,378		20,513
Land Securities Group PLC		2,613		22,029
Legal & General Group PLC		19,670		63,267
Lloyds Banking Group PLC		215,989		115,782
London Stock Exchange Group PLC		1,442		163,110
M&G PLC		9,106		25,746
Melrose Industries PLC		4,577		34,115
Mondi PLC, NVS		1,536		27,525
National Grid PLC		12,404		165,210
NatWest Group PLC, NVS		18,336		51,747
Next PLC		424		45,265
Ocado Group PLC^(a)		1,538		10,535
Pearson PLC		2,459		30,166
Persimmon PLC		1,039		19,136
Phoenix Group Holdings PLC		2,902		18,528
Prudential PLC		9,215		94,662
Reckitt Benckiser Group PLC		2,449		177,065
RELX PLC		6,448		266,135
Rentokil Initial PLC		8,442		43,474
Rio Tinto PLC		3,866		267,602
Rolls-Royce Holdings PLC^(a)		28,081		106,608
Sage Group PLC (The)		3,690		54,936
Schroders PLC		2,488		12,729
Segro PLC		3,959		43,969
Severn Trent PLC		807		26,527
Shell PLC		22,491		697,273
Smith & Nephew PLC		2,997		41,913


Security	Shares		Value

United Kingdom (continued)
Smiths Group PLC		1,346	$	27,584
Spirax-Sarco Engineering PLC		269		33,857
SSE PLC		3,675		78,270
St. James’s Place PLC		1,806		14,868
Standard Chartered PLC		7,504		56,712
Taylor Wimpey PLC		13,794		25,753
Tesco PLC		23,402		84,800
Unilever PLC		8,521		414,634
United Utilities Group PLC		2,267		30,534
Vodafone Group PLC		78,017		66,325
Whitbread PLC		692		31,367
Wise PLC, Class A^(a)		2,092		21,338
WPP PLC		3,630		35,104


				7,781,077

United States — 74.6%
3M Co.		1,909		180,114
A O Smith Corp.		385		29,880
Abbott Laboratories		5,893		666,793
AbbVie Inc.		5,986		984,098
Accenture PLC, Class A		2,133		776,156
Adobe Inc.^(a)		1,546		955,088
Advanced Micro Devices Inc.^(a)		5,484		919,612
AECOM		447		39,421
AES Corp. (The)		2,113		35,245
Aflac Inc.		1,943		163,873
Agilent Technologies Inc.		999		129,970
Air Products and Chemicals Inc.		755		193,061
Airbnb Inc.^(a)		1,464		211,021
Akamai Technologies Inc.^(a)		538		66,298
Albemarle Corp.		385		44,175
Albertsons Companies Inc., Class A		1,320		28,010
Alexandria Real Estate Equities Inc.		559		67,583
Align Technology Inc.^(a)		237		63,355
Allegion PLC		270		33,450
Alliant Energy Corp.		929		45,205
Allstate Corp. (The)		868		134,757
Ally Financial Inc.		868		31,838
Alnylam Pharmaceuticals Inc.^(a)		416		71,931
Alphabet Inc., Class A^(a)		20,166		2,825,257
Alphabet Inc., Class C, NVS^(a)		17,745		2,516,241
Altria Group Inc.		6,030		241,924
Amazon.com Inc.^(a)		31,562		4,898,422
Amcor PLC		5,148		48,546
Ameren Corp.		936		65,118
American Electric Power Co. Inc.		1,774		138,620
American Express Co.		2,148		431,190
American Financial Group Inc./OH		243		29,257
American Homes 4 Rent, Class A		1,058		37,083
American International Group Inc.		2,435		169,257
American Tower Corp.		1,577		308,540
American Water Works Co. Inc.		663		82,225
Ameriprise Financial Inc.		354		136,938
AMETEK Inc.		790		128,019
Amgen Inc.		1,818		571,325
Amphenol Corp., Class A		2,037		205,941
Analog Devices Inc.		1,694		325,858
Annaly Capital Management Inc.		1,627		31,222
Ansys Inc.^(a)		307		100,644
Aon PLC, Class A		680		202,932
APA Corp.		1,130		35,403
Apollo Global Management Inc.		1,313		131,825
Apple Inc.		53,140		9,799,016


Security	Shares		Value

United States (continued)
Applied Materials Inc.		2,849	$	468,091
Aptiv PLC^(a)		999		81,249
Arch Capital Group Ltd.^(a)		1,289		106,252
Archer-Daniels-Midland Co.		1,825		101,433
Ares Management Corp., Class A		524		63,656
Arista Networks Inc.^(a)		881		227,897
Arthur J Gallagher & Co.		744		172,727
Aspen Technology Inc.^(a)(b)		98		18,815
Assurant Inc.		181		30,399
AT&T Inc.		24,333		430,452
Atlassian Corp., NVS^(a)		509		127,133
Atmos Energy Corp.		528		60,160
Autodesk Inc.^(a)		731		185,535
Automatic Data Processing Inc.		1,418		348,516
AutoZone Inc.^(a)		59		162,966
AvalonBay Communities Inc.		503		90,042
Avantor Inc.^(a)		2,349		54,004
Avery Dennison Corp.		269		53,652
Axon Enterprise Inc.^(a)		233		58,031
Baker Hughes Co., Class A		3,502		99,807
Ball Corp.		1,076		59,664
Bank of America Corp.		24,276		825,627
Bank of New York Mellon Corp. (The)		2,597		144,030
Bath & Body Works Inc.		808		34,469
Baxter International Inc.		1,720		66,547
Becton Dickinson and Co.		995		237,616
Bentley Systems Inc., Class B		756		38,102
Berkshire Hathaway Inc., Class B^(a)		4,446		1,706,108
Best Buy Co. Inc.		672		48,713
BILL Holdings Inc.^(a)(b)		339		26,459
Biogen Inc.^(a)		500		123,330
BioMarin Pharmaceutical Inc.^(a)		615		54,169
Bio-Rad Laboratories Inc., Class A^(a)		77		24,709
Bio-Techne Corp.		556		39,098
BlackRock Inc.^(d)		507		392,575
Blackstone Inc., NVS		2,397		298,307
Block Inc.^(a)		1,858		120,789
Boeing Co. (The)^(a)		1,957		413,005
Booking Holdings Inc.^(a)		122		427,911
Booz Allen Hamilton Holding Corp., Class A		475		66,866
BorgWarner Inc.		733		24,849
Boston Properties Inc.		533		35,444
Boston Scientific Corp.^(a)		5,021		317,628
Bristol-Myers Squibb Co.		7,060		345,022
Broadcom Inc.		1,508		1,779,440
Broadridge Financial Solutions Inc.		385		78,617
Brown & Brown Inc.		859		66,624
Brown-Forman Corp., Class B		1,038		56,986
Builders FirstSource Inc.^(a)		423		73,488
Burlington Stores Inc.^(a)		231		44,156
Cadence Design Systems Inc.^(a)		923		266,249
Caesars Entertainment Inc.^(a)		693		30,402
Camden Property Trust		359		33,689
Campbell Soup Co.		645		28,786
Capital One Financial Corp.		1,273		172,262
Cardinal Health Inc.		824		89,973
Carlisle Companies Inc.		174		54,681
Carlyle Group Inc. (The)		723		28,934
CarMax Inc.^(a)(b)		539		38,366
Carnival Corp.^(a)		3,306		54,813
Carrier Global Corp.		2,808		153,626
Catalent Inc.^(a)		577		29,796


Security	Shares		Value

United States (continued)
Caterpillar Inc.		1,734	$	520,738
Cboe Global Markets Inc.		356		65,451
CBRE Group Inc., Class A^(a)		1,022		88,209
CDW Corp./DE		438		99,303
Celanese Corp., Class A		333		48,715
Celsius Holdings Inc.^(a)(b)		514		25,649
Cencora Inc.		585		136,118
Centene Corp.^(a)		1,893		142,562
CenterPoint Energy Inc.		2,075		57,975
Ceridian HCM Holding Inc.^(a)		461		32,049
CF Industries Holdings Inc.		679		51,271
CH Robinson Worldwide Inc.		390		32,795
Charles River Laboratories International Inc.^(a)(b)		182		39,363
Charles Schwab Corp. (The)		5,100		320,892
Charter Communications Inc., Class A^(a)		336		124,559
Cheniere Energy Inc.		828		135,784
Chesapeake Energy Corp.		427		32,926
Chevron Corp.		6,158		907,874
Chipotle Mexican Grill Inc., Class A^(a)		94		226,424
Chubb Ltd.		1,385		339,325
Church & Dwight Co. Inc.		846		84,473
Cigna Group (The)		1,002		301,552
Cincinnati Financial Corp.		538		59,610
Cintas Corp.		308		186,208
Cisco Systems Inc.		13,768		690,878
Citigroup Inc.		6,582		369,711
Citizens Financial Group Inc.		1,520		49,704
Cleveland-Cliffs Inc.^(a)		1,774		35,569
Clorox Co. (The)		423		61,441
Cloudflare Inc., Class A^(a)		977		77,232
CME Group Inc.		1,235		254,212
CMS Energy Corp.		962		54,988
Coca-Cola Co. (The)		13,955		830,183
Cognizant Technology Solutions Corp., Class A		1,665		128,405
Coinbase Global Inc., Class A^(a)		558		71,536
Colgate-Palmolive Co.		2,696		227,003
Comcast Corp., Class A		13,958		649,605
Conagra Brands Inc.		1,652		48,156
Confluent Inc.^(a)		555		12,410
ConocoPhillips		4,056		453,745
Consolidated Edison Inc.		1,161		105,535
Constellation Brands Inc., Class A		572		140,186
Constellation Energy Corp.		1,115		136,030
Cooper Companies Inc. (The)		177		66,026
Copart Inc.^(a)		2,920		140,277
Corning Inc.		2,767		89,900
Corteva Inc.		2,373		107,924
CoStar Group Inc.^(a)		1,380		115,202
Costco Wholesale Corp.		1,505		1,045,794
Coterra Energy Inc.		2,623		65,260
Crowdstrike Holdings Inc., Class A^(a)		759		222,007
Crown Castle Inc.		1,488		161,076
Crown Holdings Inc.		384		33,984
CSX Corp.		6,900		246,330
Cummins Inc.		484		115,821
CVS Health Corp.		4,411		328,046
Danaher Corp.		2,381		571,226
Darden Restaurants Inc.		424		68,934
Darling Ingredients Inc.^(a)(b)		543		23,512
Datadog Inc., Class A^(a)		882		109,756
DaVita Inc.^(a)		193		20,875
Deckers Outdoor Corp.^(a)		91		68,589


Security	Shares		Value

United States (continued)
Deere & Co.		930	$	366,029
Dell Technologies Inc., Class C		857		71,028
Delta Air Lines Inc.		500		19,570
Devon Energy Corp.		2,253		94,671
Dexcom Inc.^(a)		1,291		156,663
Diamondback Energy Inc.		577		88,708
Dick’s Sporting Goods Inc.		212		31,603
Digital Realty Trust Inc.		1,019		143,129
Discover Financial Services		859		90,642
DocuSign Inc., Class A^(a)		624		38,014
Dollar General Corp.		727		96,015
Dollar Tree Inc.^(a)		710		92,740
Dominion Energy Inc.		2,772		126,736
Domino’s Pizza Inc.		116		49,442
DoorDash Inc., Class A^(a)(b)		881		91,800
Dover Corp.		462		69,198
Dow Inc.		2,457		131,695
DR Horton Inc.		1,043		149,055
DraftKings Inc., Class A ^(a)		1,409		55,021
Dropbox Inc., Class A^(a)		1,000		31,680
DTE Energy Co.		698		73,583
Duke Energy Corp.		2,625		251,554
DuPont de Nemours Inc.		1,548		95,666
Dynatrace Inc.^(a)		917		52,269
Eastman Chemical Co.		372		31,081
Eaton Corp. PLC		1,347		331,470
eBay Inc.		1,770		72,694
Ecolab Inc.		888		176,019
Edison International		1,335		90,086
Edwards Lifesciences Corp.^(a)		2,032		159,451
Electronic Arts Inc.		880		121,070
Elevance Health Inc.		806		397,713
Eli Lilly & Co.		2,743		1,770,908
Emerson Electric Co.		1,909		175,113
Enphase Energy Inc.^(a)		455		47,379
Entegris Inc.		537		63,205
Entergy Corp.		693		69,134
EOG Resources Inc.		1,955		222,459
EPAM Systems Inc.^(a)		192		53,397
EQT Corp.		1,308		46,303
Equifax Inc.		423		103,356
Equinix Inc.		314		260,548
Equitable Holdings Inc.		1,171		38,280
Equity LifeStyle Properties Inc.		631		42,712
Equity Residential		1,223		73,612
Erie Indemnity Co., Class A, NVS		77		26,629
Essential Utilities Inc.		906		32,489
Essex Property Trust Inc.		221		51,553
Estee Lauder Companies Inc. (The), Class A		802		105,856
Etsy Inc.^(a)		423		28,155
Everest Group Ltd.		144		55,436
Evergy Inc.		808		41,022
Eversource Energy		1,226		66,474
Exact Sciences Corp.^(a)		641		41,921
Exelon Corp.		3,343		116,370
Expedia Group Inc.^(a)		447		66,304
Expeditors International of Washington Inc.		513		64,807
Extra Space Storage Inc.		717		103,563
Exxon Mobil Corp.		13,617		1,399,964
F5 Inc.^(a)		193		35,454
FactSet Research Systems Inc.		126		59,966
Fair Isaac Corp.^(a)		82		98,304


Security	Shares		Value

United States (continued)
Fastenal Co.		1,977	$	134,891
FedEx Corp.		806		194,480
Ferguson PLC		683		128,308
Fidelity National Financial Inc.		869		43,476
Fidelity National Information Services Inc.		2,036		126,761
Fifth Third Bancorp		2,268		77,656
First Citizens BancShares Inc./NC, Class A		39		58,890
First Solar Inc.^(a)		325		47,547
FirstEnergy Corp.		1,767		64,814
Fiserv Inc.^(a)		2,049		290,692
FleetCor Technologies Inc.^(a)		230		66,684
FMC Corp.		456		25,627
Ford Motor Co.		13,113		153,684
Fortinet Inc.^(a)		2,290		147,682
Fortive Corp.		1,191		93,112
Fortune Brands Home & Security Inc., NVS		423		32,821
Fox Corp., Class A, NVS		785		25,355
Fox Corp., Class B		577		17,316
Franklin Resources Inc.		1,076		28,654
Freeport-McMoRan Inc.		4,859		192,854
Gaming and Leisure Properties Inc.		858		39,168
Garmin Ltd.		538		64,286
Gartner Inc.^(a)		270		123,509
GE HealthCare Technologies Inc., NVS^(a)		1,381		101,310
Gen Digital Inc.		2,091		49,097
General Dynamics Corp.		802		212,522
General Electric Co.		3,709		491,146
General Mills Inc.		1,980		128,522
General Motors Co.		4,707		182,632
Genuine Parts Co.		496		69,554
Gilead Sciences Inc.		4,228		330,883
Global Payments Inc.		873		116,310
Globe Life Inc.		308		37,829
GoDaddy Inc., Class A^(a)		506		53,970
Goldman Sachs Group Inc. (The)		1,126		432,395
Graco Inc.		572		48,792
Halliburton Co.		2,997		106,843
Hartford Financial Services Group Inc. (The)		991		86,177
Hasbro Inc.		462		22,615
HCA Healthcare Inc.		693		211,296
Healthpeak Properties Inc.		1,690		31,265
HEICO Corp.		132		23,706
HEICO Corp., Class A		231		32,680
Henry Schein Inc.^(a)		399		29,861
Hershey Co. (The)		506		97,931
Hess Corp.		959		134,768
Hewlett Packard Enterprise Co.		4,543		69,462
HF Sinclair Corp.		550		31,069
Hilton Worldwide Holdings Inc.		879		167,854
Hologic Inc.^(a)		846		62,976
Home Depot Inc. (The)		3,399		1,199,711
Honeywell International Inc.		2,244		453,871
Hormel Foods Corp.		1,000		30,370
Host Hotels & Resorts Inc.		2,536		48,742
Howmet Aerospace Inc.		1,384		77,864
HP Inc.		3,016		86,589
Hubbell Inc., Class B		182		61,074
HubSpot Inc.^(a)		168		102,648
Humana Inc.		424		160,297
Huntington Bancshares Inc./OH		4,994		63,574
Huntington Ingalls Industries Inc.		124		32,106
Hyatt Hotels Corp., Class A		162		20,796


Security	Shares		Value

United States (continued)
IDEX Corp.		272	$	57,528
IDEXX Laboratories Inc.^(a)		284		146,283
Illinois Tool Works Inc.		1,040		271,336
Illumina Inc.^(a)		536		76,653
Incyte Corp.^(a)		616		36,202
Ingersoll Rand Inc.		1,330		106,214
Insulet Corp.^(a)		231		44,091
Intel Corp.		14,292		615,699
Intercontinental Exchange Inc.		1,917		244,092
International Business Machines Corp.		3,108		570,815
International Flavors & Fragrances Inc.		846		68,255
International Paper Co.		1,192		42,709
Interpublic Group of Companies Inc. (The)		1,269		41,864
Intuit Inc.		953		601,657
Intuitive Surgical Inc.^(a)		1,206		456,133
Invitation Homes Inc.		2,189		72,084
IQVIA Holdings Inc.^(a)		614		127,853
Iron Mountain Inc.		961		64,887
Jabil Inc.		444		55,629
Jack Henry & Associates Inc.		230		38,141
Jacobs Solutions Inc., NVS		423		57,008
Jazz Pharmaceuticals PLC^(a)		173		21,231
JB Hunt Transport Services Inc.		270		54,265
JM Smucker Co. (The)		385		50,647
Johnson & Johnson		8,185		1,300,596
Johnson Controls International PLC		2,299		121,134
JPMorgan Chase & Co.		9,878		1,722,328
Juniper Networks Inc.		1,162		42,948
Kellanova		884		48,408
Kenvue Inc.		5,910		122,692
Keurig Dr Pepper Inc.		3,594		112,995
KeyCorp		3,327		48,341
Keysight Technologies Inc.^(a)		615		94,255
Kimberly-Clark Corp.		1,153		139,478
Kimco Realty Corp.		2,406		48,601
Kinder Morgan Inc.		6,840		115,733
KKR & Co. Inc.		1,954		169,177
KLA Corp.		464		275,635
Knight-Swift Transportation Holdings Inc.		607		34,830
Kraft Heinz Co. (The)		2,911		108,085
Kroger Co. (The)		2,298		106,030
L3Harris Technologies Inc.		628		130,888
Laboratory Corp. of America Holdings		312		69,358
Lam Research Corp.		449		370,501
Lamb Weston Holdings Inc.		487		49,888
Las Vegas Sands Corp.		1,326		64,868
Lattice Semiconductor Corp.^(a)(b)		468		28,482
Lear Corp.		192		25,517
Leidos Holdings Inc.		424		46,839
Lennar Corp., Class A		834		124,975
Lennox International Inc.		115		49,238
Liberty Broadband Corp., Class C ^(a)		430		33,733
Liberty Global Ltd., NVS^(a)(b)		594		12,438
Liberty Media Corp.-Liberty Formula One, NVS^(a)		692		46,537
Liberty Media Corp.-Liberty SiriusXM, NVS^(a)		624		18,945
Linde PLC		1,652		668,779
Live Nation Entertainment Inc.^(a)(b)		580		51,533
LKQ Corp.		884		41,256
Lockheed Martin Corp.		759		325,922
Loews Corp.		653		47,578
Lowe’s Companies Inc.		1,962		417,592
LPL Financial Holdings Inc.		271		64,820


Security	Shares		Value

United States (continued)
Lucid Group Inc.^(a)(b)		3,044	$	10,289
Lululemon Athletica Inc.^(a)		384		174,267
LyondellBasell Industries NV, Class A		920		86,590
M&T Bank Corp.		552		76,231
Manhattan Associates Inc.^(a)		211		51,180
Marathon Oil Corp.		2,137		48,830
Marathon Petroleum Corp.		1,371		227,038
Markel Group Inc.^(a)		40		59,897
MarketAxess Holdings Inc.		127		28,640
Marriott International Inc./MD, Class A		870		208,565
Marsh & McLennan Companies Inc.		1,679		325,457
Martin Marietta Materials Inc.		205		104,226
Marvell Technology Inc.		2,881		195,044
Masco Corp.		769		51,746
Mastercard Inc., Class A		2,860		1,284,798
Match Group Inc.^(a)		993		38,111
McCormick & Co. Inc./MD, NVS		884		60,253
McDonald’s Corp.		2,477		725,067
McKesson Corp.		464		231,949
Medtronic PLC		4,489		392,967
MercadoLibre Inc.^(a)		154		263,619
Merck & Co. Inc.		8,625		1,041,727
Meta Platforms Inc., Class A^(a)		7,554		2,947,118
MetLife Inc.		2,185		151,464
Mettler-Toledo International Inc.^(a)		77		92,184
MGM Resorts International		882		38,252
Microchip Technology Inc.		1,883		160,394
Micron Technology Inc.		3,769		323,192
Microsoft Corp.		23,991		9,538,342
Mid-America Apartment Communities Inc.		385		48,656
Moderna Inc.^(a)		1,107		111,862
Molina Healthcare Inc.^(a)		192		68,436
Molson Coors Beverage Co., Class B		654		40,411
Mondelez International Inc., Class A		4,614		347,296
MongoDB Inc., Class A^(a)		247		98,928
Monolithic Power Systems Inc.		154		92,819
Monster Beverage Corp.^(a)		2,611		143,657
Moody’s Corp.		561		219,934
Morgan Stanley		4,224		368,502
Mosaic Co. (The)		1,099		33,750
Motorola Solutions Inc.		577		184,351
MSCI Inc., Class A		274		164,022
Nasdaq Inc.		1,158		66,898
NetApp Inc.		687		59,906
Netflix Inc.^(a)		1,505		848,986
Neurocrine Biosciences Inc.^(a)		311		43,468
Newmont Corp.		3,989		137,660
News Corp., Class A, NVS		1,307		32,204
NextEra Energy Inc.		6,965		408,358
Nike Inc., Class B		4,158		422,162
NiSource Inc.		1,269		32,956
Nordson Corp.		190		47,827
Norfolk Southern Corp.		768		180,664
Northern Trust Corp.		663		52,801
Northrop Grumman Corp.		492		219,806
NRG Energy Inc.		847		44,925
Nucor Corp.		864		161,508
Nvidia Corp.		8,395		5,165,192
NVR Inc.^(a)		11		77,828
NXP Semiconductors NV		884		186,144
O’Reilly Automotive Inc.^(a)		205		209,725
Occidental Petroleum Corp.		2,265		130,396


Security	Shares		Value

United States (continued)
Okta Inc.^(a)		496	$	40,994
Old Dominion Freight Line Inc.		335		130,992
Omnicom Group Inc.		652		58,928
ON Semiconductor Corp.^(a)		1,500		106,695
ONEOK Inc.		1,978		134,998
Oracle Corp.		5,560		621,052
Otis Worldwide Corp.		1,422		125,762
Ovintiv Inc.		860		36,481
Owens Corning		296		44,853
PACCAR Inc.		1,788		179,497
Packaging Corp. of America		307		50,925
Palantir Technologies Inc.^(a)		6,117		98,423
Palo Alto Networks Inc.^(a)		1,053		356,451
Paramount Global, Class B, NVS		1,646		24,015
Parker-Hannifin Corp.		443		205,773
Paychex Inc.		1,114		135,607
Paycom Software Inc.		191		36,336
Paylocity Holding Corp.^(a)		140		22,177
PayPal Holdings Inc.^(a)		3,587		220,062
Pentair PLC		577		42,219
PepsiCo Inc.		4,664		786,024
Pfizer Inc.		19,343		523,808
PG&E Corp.		6,949		117,230
Philip Morris International Inc.		5,241		476,145
Phillips 66		1,495		215,743
Pinterest Inc., Class A^(a)		1,889		70,781
Pioneer Natural Resources Co.		799		183,634
PNC Financial Services Group Inc. (The)		1,369		207,006
Pool Corp.		132		49,005
PPG Industries Inc.		808		113,960
PPL Corp.		2,460		64,452
Principal Financial Group Inc.		782		61,856
Procter & Gamble Co. (The)		8,011		1,258,849
Progressive Corp. (The)		1,990		354,717
Prologis Inc.		3,137		397,427
Prudential Financial Inc.		1,262		132,422
PTC Inc.^(a)		384		69,370
Public Service Enterprise Group Inc.		1,729		100,265
Public Storage		536		151,790
PulteGroup Inc.		737		77,061
Qorvo Inc.^(a)		313		31,219
Qualcomm Inc.		3,820		567,308
Quanta Services Inc.		486		94,308
Quest Diagnostics Inc.		364		46,749
Raymond James Financial Inc.		653		71,948
Realty Income Corp.		2,827		153,761
Regency Centers Corp.		539		33,779
Regeneron Pharmaceuticals Inc.^(a)		362		341,286
Regions Financial Corp.		2,995		55,917
Reliance Steel & Aluminum Co.		199		56,799
Repligen Corp.^(a)		178		33,713
Republic Services Inc., Class A		764		130,736
ResMed Inc.		500		95,100
Revvity Inc.		457		48,981
Rivian Automotive Inc., Class A^(a)(b)		2,188		33,498
Robert Half Inc.		384		30,543
Robinhood Markets Inc.^(a)		1,444		15,509
ROBLOX Corp., Class A^(a)		1,418		55,033
Rockwell Automation Inc.		385		97,513
Roku Inc.^(a)		389		34,255
Rollins Inc.		1,042		45,129
Roper Technologies Inc.		366		196,542


Security	Shares		Value

United States (continued)
Ross Stores Inc.		1,161	$	162,865
Royal Caribbean Cruises Ltd.^(a)		840		107,100
Royalty Pharma PLC, Class A		1,404		39,860
RPM International Inc.		461		49,170
RTX Corp.		4,914		447,764
S&P Global Inc.		1,099		492,737
Salesforce Inc.^(a)		3,304		928,721
SBA Communications Corp., Class A		358		80,142
Schlumberger NV		4,891		238,192
Seagate Technology Holdings PLC		716		61,347
SEI Investments Co.		338		21,375
Sempra Energy		2,149		153,782
ServiceNow Inc.^(a)		689		527,361
Sherwin-Williams Co. (The)		841		255,984
Simon Property Group Inc.		1,084		150,253
Sirius XM Holdings Inc.^(b)		2,469		12,567
Skyworks Solutions Inc.		509		53,170
Snap Inc., Class A, NVS^(a)		3,574		56,791
Snap-on Inc.		167		48,418
Snowflake Inc., Class A^(a)		961		188,010
Southern Co. (The)		3,689		256,459
Southwest Airlines Co.		538		16,081
Splunk Inc.^(a)		564		86,501
SS&C Technologies Holdings Inc.		769		46,924
Stanley Black & Decker Inc.		539		50,289
Starbucks Corp.		3,901		362,910
State Street Corp.		1,133		83,695
Steel Dynamics Inc.		537		64,811
STERIS PLC		346		75,757
Stryker Corp.		1,151		386,137
Sun Communities Inc.		396		49,639
Super Micro Computer Inc.^(a)		160		84,738
Synchrony Financial		1,498		58,227
Synopsys Inc.^(a)		523		278,942
Sysco Corp.		1,687		136,529
T-Mobile U.S. Inc.		1,782		287,312
T Rowe Price Group Inc.		769		83,398
Take-Two Interactive Software Inc.^(a)		598		98,628
Targa Resources Corp.		733		62,276
Target Corp.		1,554		216,130
TE Connectivity Ltd.		1,076		152,996
Teledyne Technologies Inc.^(a)		154		64,444
Teleflex Inc.		154		37,396
Teradyne Inc.		552		53,318
Tesla Inc.^(a)		9,709		1,818,399
Texas Instruments Inc.		3,086		494,130
Texas Pacific Land Corp.		21		30,688
Textron Inc.		682		57,772
Thermo Fisher Scientific Inc.^(b)		1,312		707,142
TJX Companies Inc. (The)		3,924		372,427
Toast Inc.^(a)		1,215		21,591
Toro Co. (The)		351		32,460
Tractor Supply Co.		351		78,835
Trade Desk Inc. (The), Class A^(a)		1,535		105,040
Tradeweb Markets Inc., Class A		384		36,630
Trane Technologies PLC		765		192,818
TransDigm Group Inc.		186		203,238
TransUnion		615		42,552
Travelers Cos. Inc. (The)		798		168,665
Trimble Inc.^(a)		884		44,960
Truist Financial Corp.		4,483		166,140
Twilio Inc., Class A^(a)		591		41,565


Security	Shares		Value

United States (continued)
Tyler Technologies Inc.^(a)		151	$	63,835
Tyson Foods Inc., Class A		941		51,529
U.S. Bancorp		5,169		214,720
Uber Technologies Inc.^(a)		6,185		403,695
UDR Inc.		1,084		39,046
U-Haul Holding Co.^(b)		342		21,844
UiPath Inc., Class A^(a)(b)		1,211		27,829
Ulta Beauty Inc.^(a)		162		81,332
Union Pacific Corp.		2,076		506,399
United Parcel Service Inc., Class B		2,436		345,668
United Rentals Inc.		230		143,842
United Therapeutics Corp.^(a)		156		33,506
UnitedHealth Group Inc.		3,148		1,610,958
Unity Software Inc.^(a)(b)		760		24,624
Universal Health Services Inc., Class B		230		36,526
Vail Resorts Inc.		116		25,752
Valero Energy Corp.		1,172		162,791
Veeva Systems Inc., Class A^(a)		499		103,498
Ventas Inc.		1,399		64,900
Veralto Corp.		793		60,815
VeriSign Inc.^(a)		311		61,852
Verisk Analytics Inc., Class A		493		119,074
Verizon Communications Inc.		14,208		601,709
Vertex Pharmaceuticals Inc.^(a)		873		378,341
Vertiv Holdings Co., Class A		1,174		66,131
VF Corp.		1,154		18,995
Viatris Inc.		4,151		48,857
VICI Properties Inc., Class A		3,527		106,233
Visa Inc., Class A		5,461		1,492,273
Vistra Corp.		1,144		46,938
Vulcan Materials Co.		461		104,191
W R Berkley Corp.		693		56,743
Walmart Inc.		5,032		831,538
Walgreens Boots Alliance Inc.		2,459		55,500
Walt Disney Co. (The)		6,238		599,160
Warner Bros. Discovery Inc.^(a)		8,006		80,220
Waste Management Inc.		1,369		254,127
Waters Corp.^(a)(b)		204		64,813
Watsco Inc.		116		45,354
WEC Energy Group Inc.		1,077		86,979
Wells Fargo & Co.		12,436		624,038
Welltower Inc.		1,782		154,161
West Pharmaceutical Services Inc.		260		96,988
Western Digital Corp.^(a)		1,076		61,601
Westinghouse Air Brake Technologies Corp.		619		81,442
Westlake Corp.		130		17,985
Westrock Co.		884		35,590
Weyerhaeuser Co.		2,575		84,383
Williams Cos. Inc. (The)		4,112		142,522
Willis Towers Watson PLC		362		89,161
Workday Inc., Class A^(a)		692		201,420
WP Carey Inc.		704		43,620
WW Grainger Inc.		154		137,929
Wynn Resorts Ltd.		326		30,784
Xcel Energy Inc.		1,895		113,454
Xylem Inc./NY		848		95,349
Yum! Brands Inc.		937		121,332
Zebra Technologies Corp., Class A^(a)		166		39,765
Zillow Group Inc., Class C ^(a)		500		28,420
Zimmer Biomet Holdings Inc.		692		86,915
Zoetis Inc.		1,573		295,425
Zoom Video Communications Inc., Class A^(a)		769		49,685


Security	Shares		Value

United States (continued)
Zscaler Inc.^(a)		312	$	73,529


				144,964,462


Total Common Stocks — 99.6% (Cost: $196,719,883)				193,421,674


Preferred Stocks

Germany — 0.1%
Bayerische Motoren Werke AG, Preference Shares, NVS		193		18,858
Dr Ing hc F Porsche AG, Preference Shares, NVS^(c)		383		32,518
Henkel AG & Co. KGaA, Preference Shares, NVS		615		47,145
Porsche Automobil Holding SE, Preference Shares, NVS		538		26,859
Sartorius AG, Preference Shares, NVS		88		32,103
Volkswagen AG, Preference Shares, NVS		698		89,773


				247,256


Total Preferred Stocks — 0.1% (Cost: $404,465)				247,256


Rights

Spain — 0.0%
ACS Actividades de Construccion y Servicios SA, (Expires 02/09/24)^(a)		681		312


Total Rights — 0.0% (Cost: $338)				312


Warrants

Canada — 0.0%
Constellation Software Inc., (Issued 08/29/23, 1 Share for 1 Warrant, Expires 03/31/40, Strike Price CAD 11.50 )^(e)		72		—


Total Warrants — 0.0% (Cost: $—)				—


Total Long-Term Investments — 99.7% (Cost: $197,124,686)				193,669,242


Short-Term Securities

Money Market Funds — 0.8%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.51%^(d)(f)(g)		1,194,305		1,195,022
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.32%^(d)(f)		290,000		290,000


Total Short-Term Securities — 0.8% (Cost: $1,484,542)				1,485,022


Total Investments — 100.5% (Cost: $198,609,228)				195,154,264

Liabilities in Excess of Other Assets — (0.5)%				(883,967	)


Net Assets — 100.0%			$	194,270,297

^(a)	Non-income producing security.

^(b)	All or a portion of this security is on loan.

^(c)	Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

For the period ended January 31, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.

• Ratio of net investment income to average net assets by 0.05%, 0.01% and 0.02%.

• Ratio of net investment income to average net assets by 0.05%, 0.13% and 0.01%.

• Ratio of net investment income to average net assets by 0.45%, 0.08% and 0.04%.

iShares Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust is organized as a Delaware statutory trust and is authorized to have multiple series or portfolios.

These financial statements relate only to the following funds (each, a “Fund” and collectively, the “Funds”):

The financial statements are prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities in the financial statements, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates. Each Fund is considered an investment company under U.S. GAAP and follows the accounting and reporting guidance applicable to investment companies. Below is a summary of significant accounting policies:

Investment Transactions and Income Recognition: For financial reporting purposes, investment transactions are recorded on the dates the transactions are executed. Realized gains and losses on investment transactions are determined using the specific identification method. Dividend income and capital gain distributions, if any, are recorded on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date at fair value. Dividends from foreign securities where the ex-dividend date may have passed are subsequently recorded when the Funds are informed of the ex-dividend date. Under the applicable foreign tax laws, a withholding tax at various rates may be imposed on capital gains, dividends and interest. Upon notification from issuers or as estimated by management, a portion of the dividend income received from a real estate investment trust may be redesignated as a reduction of cost of the related investment and/or realized gain. Interest income, including amortization and accretion of premiums and discounts on debt securities, is recognized daily on an accrual basis.

Foreign Currency Translation: Each Fund’s books and records are maintained in U.S. dollars. Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using prevailing market rates as quoted by one or more data service providers. Purchases and sales of investments are recorded at the rates of exchange prevailing on the respective dates of such transactions. Generally, when the U.S. dollar rises in value against a foreign currency, the investments denominated in that currency will lose value; the opposite effect occurs if the U.S. dollar falls in relative value.

Each Fund does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of investments for financial reporting purposes. Accordingly, the effects of changes in exchange rates on investments are not segregated in the Statements of Operations from the effects of changes in market prices of those investments, but are included as a component of net realized and unrealized gain (loss) from investments. Each Fund reports realized currency gains (losses) on foreign currency related transactions as components of net realized gain (loss) for financial reporting purposes, whereas such components are generally treated as ordinary income for U.S. federal income tax purposes.

Foreign Taxes: The Funds may be subject to foreign taxes (a portion of which may be reclaimable) on income, stock dividends, capital gains on investments, or certain foreign currency transactions. All foreign taxes are recorded in accordance with the applicable foreign tax regulations and rates that exist in the foreign jurisdictions in which each Fund invests. These foreign taxes, if any, are paid by each Fund and are reflected in its Statements of Operations as follows: foreign taxes withheld at source are presented as a reduction of income, foreign taxes on securities lending income are presented as a reduction of securities lending income, foreign taxes on stock dividends are presented as “Other foreign taxes”, and foreign taxes on capital gains from sales of investments and foreign taxes on foreign currency transactions are included in their respective net realized gain (loss) categories. Foreign taxes payable or deferred as of January 31, 2024, if any, are disclosed in the Statements of Assets and Liabilities.

The Funds file withholding tax reclaims in certain jurisdictions to recover a portion of amounts previously withheld. The Funds may record a reclaim receivable based on collectability, which includes factors such as the jurisdiction’s applicable laws, payment history and market convention. The Statements of Operations includes tax reclaims recorded as well as professional and other fees, if any, associated with recovery of foreign withholding taxes.

Collateralization: If required by an exchange or counterparty agreement, the Funds may be required to deliver/deposit cash and/or securities to/with an exchange, or broker-dealer or custodian as collateral for certain investments.

In-kind Redemptions: For financial reporting purposes, in-kind redemptions are treated as sales of securities resulting in realized capital gains or losses to the Funds. Because such gains or losses are not taxable to the Funds and are not distributed to existing Fund shareholders, the gains or losses are reclassified from accumulated net realized gain (loss) to paid-in capital at the end of the Funds’ tax year. These reclassifications have no effect on net assets or net asset value (“NAV”) per share.

Distributions: Dividends and distributions paid by each Fund are recorded on the ex-dividend dates. Distributions are determined on a tax basis and may differ from net investment income, net realized capital gains and/or return of capital for financial reporting purposes. Dividends and distributions are paid in U.S. dollars and cannot be automatically reinvested in additional shares of the Funds.

The portion of distributions that exceeds each Fund’s current and accumulated earning and profits will constitute a non-taxable return of capital. Distributions in excess of each Fund’s minimum distribution requirements, but not in excess of the Fund’s earnings and profits, will be taxable to the Fund’s shareholders and will not constitute non-taxable returns of capital. Return of capital distributions will reduce a shareholder’s cost basis and will result in higher capital gains or lower capital losses when each Fund’s shares on which distributions were received are sold. Once a shareholder’s cost basis is reduced to zero, further distributions will be treated as capital gains.

Indemnifications: In the normal course of business, each Fund enters into contracts that contain a variety of representations that provide general indemnification. The Funds’ maximum exposure under these arrangements is unknown because it involves future potential claims against the Funds, which cannot be predicted with any certainty.

Investment Valuation Policies: Each Fund’s investments are valued at fair value (also referred to as “market value” within the financial statements) each day that the Fund’s listing exchange is open and, for financial reporting purposes, as of the report date. U.S. GAAP defines fair value as the price a fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. The Board of Trustees of the Trust (the “Board”) of each Fund has approved the designation of BlackRock Fund Advisors (“BFA”), the Funds’ investment adviser, as the valuation designee for each Fund. Each Fund determines the fair values of its financial instruments using various independent dealers or pricing services under BFA’s policies. If a security’s market price is not readily available or does not otherwise accurately represent the fair value of the security, the security will be valued in accordance with BFA’s policies and procedures as reflecting fair value. BFA has formed a committee (the “Valuation Committee”) to develop pricing policies and procedures and to oversee the pricing function for all financial instruments, with assistance from other BlackRock pricing committees.

Fair Value Inputs and Methodologies: The following methods and inputs are used to establish the fair value of each Fund’s assets and liabilities:

Generally, trading in foreign instruments is substantially completed each day at various times prior to the close of trading on the New York Stock Exchange (“NYSE”). Each business day, the Funds use current market factors supplied by independent pricing services to value certain foreign instruments (“Systematic Fair Value Price”). The Systematic Fair Value Price is designed to value such foreign securities at fair value as of the close of trading on the NYSE, which follows the close of the local markets.

If events (e.g., market volatility, company announcement or a natural disaster) occur that are expected to materially affect the value of such investment, or in the event that application of these methods of valuation results in a price for an investment that is deemed not to be representative of the market value of such investment, or if a price is not available, the investment will be valued by the Valuation Committee, in accordance with BFA’s policies and procedures as reflecting fair value (“Fair Valued Investments”). The fair valuation approaches that may be used by the Valuation Committee include market approach, income approach and cost approach. Valuation techniques such as discounted cash flow, use of market comparables and matrix pricing are types of valuation approaches and are typically used in determining fair value. When determining the price for Fair Valued Investments, the Valuation Committee seeks to determine the price that each Fund might reasonably expect to receive or pay from the current sale or purchase of that asset or liability in an arm’s-length transaction. Fair value determinations shall be based upon all available factors that the Valuation Committee deems relevant and consistent with the principles of fair value measurement.

Fair value pricing could result in a difference between the prices used to calculate a fund’s NAV and the prices used by the fund’s underlying index, which in turn could result in a difference between the fund’s performance and the performance of the fund’s underlying index.

Fair Value Hierarchy: Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The

inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities.

Warrants: Warrants entitle a fund to purchase a specified number of shares of common stock and are non-income producing. The purchase price and number of shares are subject to adjustment under certain conditions until the expiration date of the warrants, if any. If the price of the underlying stock does not rise above the strike price before the warrant expires, the warrant generally expires without any value and a fund will lose any amount it paid for the warrant. Thus, investments in warrants may involve more risk than investments in common stock. Warrants may trade in the same markets as their underlying stock; however, the price of the warrant does not necessarily move with the price of the underlying stock.

Securities Lending: Each Fund may lend its securities to approved borrowers, such as brokers, dealers and other financial institutions. The borrower pledges and maintains with the Fund collateral consisting of cash, an irrevocable letter of credit issued by an approved bank, or securities issued or guaranteed by the U.S. government. The initial collateral received by each Fund is required to have a value of at least 102% of the current market value of the loaned securities for securities traded on U.S. exchanges and a value of at least 105% for all other securities. The collateral is maintained thereafter at a value equal to at least 100% of the current value of the securities on loan. The market value of the loaned securities is determined at the close of each business day of the Fund and any additional required collateral is delivered to the Fund or excess collateral is returned by the Fund, on the next business day. During the term of the loan, each Fund is entitled to all distributions made on or in respect of the loaned securities but does not receive interest income on securities received as collateral. Loans of securities are terminable at any time and the borrower, after notice, is required to return borrowed securities within the standard time period for settlement of securities transactions.

As of period end, any securities on loan were collateralized by cash and/or U.S. Government obligations. Cash collateral invested in money market funds managed by BFA, or its affiliates is disclosed in the Schedule of Investments. Any non-cash collateral received cannot be sold, re-invested or pledged by the Fund, except in the event of borrower default. The securities on loan, if any, are also disclosed in each Fund’s Schedule of Investments. The market value of any securities on loan and the value of any related cash collateral are disclosed in the Statements of Assets and Liabilities.

Securities lending transactions are entered into by the Funds under Master Securities Lending Agreements (each, an “MSLA”) which provide the right, in the event of default (including bankruptcy or insolvency) for the non-defaulting party to liquidate the collateral and calculate a net exposure to the defaulting party or request additional collateral. In the event that a borrower defaults, the Funds, as lender, would offset the market value of the collateral received against the market value of the securities loaned. When the value of the collateral is greater than that of the market value of the securities loaned, the lender is left with a net amount payable to the defaulting party. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against such a right of offset in the event of an MSLA counterparty’s bankruptcy or insolvency. Under the MSLA, absent an event of default, the borrower can resell or re-pledge the loaned securities, and the Funds can reinvest cash collateral received in connection with loaned securities. Upon an event of default, the parties’ obligations to return the securities or collateral to the other party are extinguished, and the parties can resell or re-pledge the loaned securities or the collateral received in connection with the loaned securities in order to satisfy the defaulting party’s net payment obligation for all transactions under the MSLA. The defaulting party remains liable for any deficiency.

As of period end, the following table is a summary of the securities on loan by counterparty which are subject to offset under an MSLA:

The risks of securities lending include the risk that the borrower may not provide additional collateral when required or may not return the securities when due. To mitigate these risks, each Fund benefits from a borrower default indemnity provided by BlackRock, Inc. (“BlackRock”). BlackRock’s indemnity allows for full replacement of the securities loaned to the extent the collateral received does not cover the value of the securities loaned in the event of borrower default. Each Fund could incur a loss if the value of an investment purchased with cash collateral falls below the market value of the loaned securities or if the value of an investment purchased with cash collateral falls below the value of the original cash collateral received. Such losses are borne entirely by each Fund.

Futures Contracts: Futures contracts are purchased or sold to gain exposure to, or manage exposure to, changes in interest rates (interest rate risk) and changes in the value of equity securities (equity risk) or foreign currencies (foreign currency exchange rate risk).

Futures contracts are exchange-traded agreements between the Funds and a counterparty to buy or sell a specific quantity of an underlying instrument at a specified price and on a specified date. Depending on the terms of a contract, it is settled either through physical delivery of the underlying instrument on the settlement date or by payment of a cash amount on the settlement date. Upon entering into a futures contract, the Funds are required to deposit initial margin with the broker in the form of cash or securities in an amount that varies depending on a contract’s size and risk profile. The initial margin deposit must then be maintained at an established level over the life of the contract. Amounts pledged, which are considered restricted, are included in cash pledged for futures contracts in the Statements of Assets and Liabilities.

Securities deposited as initial margin are designated in the Schedule of Investments and cash deposited, if any, are shown as cash pledged for futures contracts in the Statements of Assets and Liabilities. Pursuant to the contract, the Funds agree to receive from or pay to the broker an amount of cash equal to the daily fluctuation in market value of the contract (“variation margin”). Variation margin is recorded as unrealized appreciation (depreciation) and, if any, shown as variation margin receivable (or payable) on futures contracts in the Statements of Assets and Liabilities. When the contract is closed, a realized gain or loss is recorded in the Statements of Operations equal to the difference between the notional amount of the contract at the time it was opened and the notional amount at the time it was closed. The use of futures contracts involves the risk of an imperfect correlation in the movements in the price of futures contracts and interest rates, foreign currency exchange rates or underlying assets.

Investment Advisory Fees: Pursuant to an Investment Advisory Agreement with the Trust, BFA manages the investment of each Fund’s assets. BFA is a California corporation indirectly owned by BlackRock. Under the Investment Advisory Agreement, BFA is responsible for substantially all expenses of the Funds, except (i) interest and taxes; (ii) brokerage commissions and other expenses connected with the execution of portfolio transactions; (iii) distribution fees; (iv) the advisory fee payable to BFA; and (v) litigation expenses and any extraordinary expenses (in each case as determined by a majority of the independent trustees).

For its investment advisory services to the iShares MSCI ACWI ETF, BFA is entitled to an annual investment advisory fee, accrued daily and paid monthly by the Fund, based on the Fund’s allocable portion of the aggregate of the average daily net assets of the Fund and certain other iShares funds, as follows:

For its investment advisory services to each of the following Funds, BFA is entitled to an annual investment advisory fee, accrued daily and paid monthly by the Funds, based on the average daily net assets of each Fund as follows:

For its investment advisory services to the iShares MSCI All Country Asia ex Japan ETF, BFA is entitled to an annual investment advisory fee, accrued daily and paid monthly by the Fund, based on the Fund’s allocable portion of the aggregate of the average daily net assets of the Fund and certain other iShares funds, as follows:

Expense Waivers: A fund may incur its pro rata share of fees and expenses attributable to its investments in other investment companies (“acquired fund fees and expenses”). The total of the investment advisory fee and acquired fund fees and expenses, if any, is a fund’s total annual operating expenses. Total expenses as shown in the Statements of Operations does not include acquired fund fees and expenses.

For each of the iShares MSCI ACWI and iShares MSCI All Country Asia ex Japan ETFs, BFA has contractually agreed to waive a portion of its investment advisory fee for the Funds through November 30, 2026 in an amount equal to the acquired fund fees and expenses, if any, attributable to each Fund’s investments in other iShares funds.

For six months ended January 31, 2024, there were no fees waived by BFA pursuant to these arrangements.

Distributor: BlackRock Investments, LLC, an affiliate of BFA, is the distributor for each Fund. Pursuant to the distribution agreement, BFA is responsible for any fees or expenses for distribution services provided to the Funds.

Securities Lending: The U.S. Securities and Exchange Commission (the “SEC”) has issued an exemptive order which permits BlackRock Institutional Trust Company, N.A. (“BTC”), an affiliate of BFA, to serve as securities lending agent for the Funds, subject to applicable conditions. As securities lending agent, BTC bears all operational costs directly related to securities lending, including any custodial costs. Each Fund is responsible for fees in connection with the investment of cash collateral received for securities on loan (the “collateral investment fees”). The cash collateral is invested in a money market fund, BlackRock Cash Funds: Institutional or BlackRock Cash Funds: Treasury, managed by BFA, or its affiliates. However, BTC has agreed to reduce the amount of securities lending income it receives in order to effectively limit the collateral investment fees each Fund bears to an annual rate of 0.04%. The SL Agency Shares of such money market fund will not be subject to a sales load, distribution fee or service fee. The money market fund in which the cash collateral has been invested may, under certain circumstances, impose a liquidity fee of up to 2% of the value redeemed or temporarily restrict redemptions for up to 10 business days during a 90 day period, in the event that the money market fund’s weekly liquid assets fall below certain thresholds.

Securities lending income is equal to the total of income earned from the reinvestment of cash collateral, net of fees and other payments to and from borrowers of securities, and less the collateral investment fees. Each Fund retains a portion of securities lending income and remits the remaining portion to BTC as compensation for its services as securities lending agent.

Pursuant to the current securities lending agreement, the iShares MSCI Kokusai ETF (the “Group 1 Fund”), retains 81% of securities lending income (which excludes collateral investment fees) and the amount retained can never be less than 70% of the total of securities lending income plus the collateral investment fees.

Pursuant to the current securities lending agreement, each of iShares MSCI ACWI ETF, iShares MSCI ACWI Low Carbon Target ETF, iShares MSCI All Country Asia ex Japan ETF, iShares MSCI Europe Financials ETF and iShares MSCI Europe Small-Cap ETF (the “Group 2 Funds”), retains 82% of securities lending income (which excludes collateral investment fees) and the amount retained can never be less than 70% of the total of securities lending income plus the collateral investment fees.

In addition, commencing the business day following the date that the aggregate securities lending income plus the collateral investment fees generated across all 1940 Act iShares exchange-traded funds (the “iShares ETF Complex”) in a given calendar year exceeds a specified threshold: (1) the Group 1 Fund, pursuant to the securities lending agreement, will retain for the remainder of that calendar year 81% of securities lending income (which excludes collateral investment fees), and the amount retained can never be less than 70% of the total of securities lending income plus the collateral investment fees, and (2) each Group 2 Fund will retain for the remainder of that calendar year 85% of securities lending income (which excludes collateral investment fees), and the amount retained can never be less than 70% of the total of securities lending income plus the collateral investment fees.

The share of securities lending income earned by each Fund is shown as securities lending income – affiliated – net in its Statements of Operations. For the six months ended January 31, 2024, the Funds paid BTC the following amounts for securities lending agent services:

Officers and Trustees: Certain officers and/or trustees of the Trust are officers and/or trustees of BlackRock or its affiliates.

Other Transactions: Cross trading is the buying or selling of portfolio securities between funds to which BFA (or an affiliate) serves as investment adviser. At its regularly scheduled quarterly meetings, the Board reviews such transactions as of the most recent calendar quarter for compliance with the requirements and restrictions set forth by Rule 17a-7.

For the six months ended January 31, 2024, transactions executed by the Funds pursuant to Rule 17a-7 under the 1940 Act were as follows:

Each Fund may invest its positive cash balances in certain money market funds managed by BFA or an affiliate. The income earned on these temporary cash investments is shown as dividends – affiliated in the Statements of Operations.

A fund, in order to improve its portfolio liquidity and its ability to track its underlying index, may invest in shares of other iShares funds that invest in securities in the fund’s underlying index.

For the six months ended January 31, 2024, purchases and sales of investments, excluding short-term securities and in-kind transactions, were as follows:

For the six months ended January 31, 2024, in-kind transactions were as follows:

Each Fund is treated as an entity separate from the Trust’s other funds for federal income tax purposes. It is each Fund’s policy to comply with the requirements of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies, and to distribute substantially all of its taxable income to its shareholders. Therefore, no U.S. federal income tax provision is required.

Management has analyzed tax laws and regulations and their application to the Funds as of January 31, 2024, inclusive of the open tax return years, and does not believe that there are any uncertain tax positions that require recognition of a tax liability in the Funds’ financial statements.

As of July 31, 2023, the Funds had non-expiring capital loss carryforwards available to offset future realized capital gains as follows:

A fund may own shares in certain foreign investment entities, referred to, under U.S. tax law, as “passive foreign investment companies.” Such fund may elect to mark-to-market annually the shares of each passive foreign investment company and would be required to distribute to shareholders any such marked-to-market gains.

As of January 31, 2024, gross unrealized appreciation and depreciation based on cost of investments (including short positions and derivatives, if any) for U.S. federal income tax purposes were as follows:

The iShares MSCI ACWI, iShares MSCI ACWI Low Carbon Target and iShares MSCI All Country Asia ex Japan ETFs, along with certain other iShares funds (“Participating Funds”), are parties to a $800 million credit agreement (“Syndicated Credit Agreement”) with a group of lenders, which expires on October 16, 2024. The line of credit may be used for temporary or emergency purposes, including redemptions, settlement of trades and rebalancing of portfolio holdings in certain target markets. The Funds may borrow up to the aggregate commitment amount subject to asset coverage and other limitations as specified in the Syndicated Credit Agreement. The Syndicated Credit Agreement has the following terms: a commitment fee of 0.15% per annum on the unused portion of the credit agreement and interest at a rate equal to the higher of (a) Daily Simple Secured Overnight Financing Rate (“SOFR”) plus 0.10% and 1.00% per annum or (b) the U.S. Federal Funds rate plus 1.00% per annum on amounts borrowed. The commitment fee is generally allocated to each Participating Fund based on the lesser of a Participating Fund’s relative exposure to certain target markets or a Participating Fund’s maximum borrowing amount as set forth by the terms of the Syndicated Credit Agreement.

During the six months ended January 31, 2024, the iShares MSCI ACWI ETF did not borrow under the Syndicated Credit Agreement.

For the six months ended January 31, 2024, the maximum amount borrowed, the average daily borrowing and the weighted average interest rate, if any, under the Syndicated Credit Agreement were as follows:

In the normal course of business, each Fund invests in securities or other instruments and may enter into certain transactions, and such activities subject the Fund to various risks, including, among others, fluctuations in the market (market risk) or failure of an issuer to meet all of its obligations. The value of securities or other instruments may also be affected by various factors, including, without limitation: (i) the general economy; (ii) the overall market as well as local, regional or global political and/or social instability; (iii) regulation, taxation or international tax treaties between various countries; or (iv) currency, interest rate or price fluctuations. Local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issues, recessions, or other events could have a significant impact on the Funds and their investments. Each Fund’s prospectus provides details of the risks to which the Fund is subject.

BFA uses an indexing approach to try to achieve each Fund’s investment objective. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

The Funds may be exposed to additional risks when reinvesting cash collateral in money market funds that do not seek to maintain a stable NAV per share of $1.00, which may be subject to redemption gates or liquidity fees under certain circumstances.

Market Risk: The iShares MSCI All Country Asia ex Japan ETF invests in A-shares (i.e., equity securities of companies based in the People’s Republic of China (“China” or “PRC”) that trade on the Shanghai Stock Exchange and Shenzhen Stock Exchange) primarily through the Shanghai-Hong Kong Stock Connect program or the Shenzhen-Hong Kong Stock Connect program (together, “Stock Connect”). Investing in A-shares through Stock Connect is subject to trading, clearance and settlement procedures, which could pose risks to the Fund. Trading through Stock Connect is subject to a daily quota, which limits the maximum net purchases under Stock Connect each day. The daily quota may restrict the Fund’s ability to invest in A-shares on a timely basis and could affect the Fund’s ability to effectively pursue its investment strategy. Additionally, the Fund may be subject to the risk of price fluctuations on days when the Chinese markets are open, but Stock Connect is not trading. The A-shares market has a higher propensity for trading suspensions than many other global equity markets.

Valuation Risk: The market values of equities, such as common stocks and preferred securities or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company. They may also decline due to factors which affect a particular industry or industries. A fund may invest in illiquid investments. An illiquid investment is any investment that a fund reasonably expects cannot be sold or disposed of in current market conditions in seven calendar days or less without the sale or disposition significantly changing the market value of the investment. A fund may experience difficulty in selling illiquid investments in a timely manner at the price that it believes the investments are worth. Prices may fluctuate widely over short or extended periods in response to company, market or economic news. Markets also tend to move in cycles, with periods of rising and falling prices. This volatility may cause a fund’s NAV to experience significant increases or decreases over short periods of time. If there is a general decline in the securities and other markets, the NAV of a fund may lose value, regardless of the individual results of the securities and other instruments in which a fund invests.

The price each Fund could receive upon the sale of any particular portfolio investment may differ from each Fund’s valuation of the investment, particularly for securities that trade in thin or volatile markets or that are valued using a fair valuation technique or a price provided by an independent pricing service. Changes to significant unobservable inputs and assumptions (i.e., publicly traded company multiples, growth rate, time to exit) due to the lack of observable inputs may significantly impact the resulting fair value and therefore each Fund’s results of operations. As a result, the price received upon the sale of an investment may be less than the value ascribed by each Fund, and each Fund could realize a greater than expected loss or lesser than expected gain upon the sale of the investment. Each Fund’s ability to value its investments may also be impacted by technological issues and/or errors by pricing services or other third-party service providers.

Counterparty Credit Risk: The Funds may be exposed to counterparty credit risk, or the risk that an entity may fail to or be unable to perform on its commitments related to unsettled or open transactions, including making timely interest and/or principal payments or otherwise honoring its obligations. The Funds manage counterparty credit risk by entering into transactions only with counterparties that BFA believes have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Funds to market, issuer and counterparty credit risks, consist principally of financial instruments and receivables due from counterparties. The extent of the Funds’ exposure to market, issuer and counterparty credit risks with respect to these financial assets is approximately their value recorded in the Statements of Assets and Liabilities, less any collateral held by the Funds.

A derivative contract may suffer a mark-to-market loss if the value of the contract decreases due to an unfavorable change in the market rates or values of the underlying instrument. Losses can also occur if the counterparty does not perform under the contract.

With exchange-traded futures, there is less counterparty credit risk to the Funds since the exchange or clearinghouse, as counterparty to such instruments, guarantees against a possible default. The clearinghouse stands between the buyer and the seller of the contract; therefore, credit risk is limited to failure of the clearinghouse. While offset rights may exist under applicable law, a fund does not have a contractual right of offset against a clearing broker or clearinghouse in the event of a default (including the bankruptcy or insolvency). Additionally, credit risk exists in exchange-traded futures with respect to initial and variation margin that is held in a clearing broker’s customer

accounts. While clearing brokers are required to segregate customer margin from their own assets, in the event that a clearing broker becomes insolvent or goes into bankruptcy and at that time there is a shortfall in the aggregate amount of margin held by the clearing broker for all its clients, typically the shortfall would be allocated on a pro rata basis across all the clearing broker’s customers, potentially resulting in losses to the Funds.

Geographic/Asset Class Risk: A diversified portfolio, where this is appropriate and consistent with a fund’s objectives, minimizes the risk that a price change of a particular investment will have a material impact on the NAV of a fund. The investment concentrations within each Fund’s portfolio are disclosed in its Schedule of Investments.

Certain Funds invest a significant portion of their assets in issuers located in a single country or a limited number of countries. When a fund concentrates its investments in this manner, it assumes the risk that economic, regulatory, political and social conditions in that country or those countries may have a significant impact on the fund and could affect the income from, or the value or liquidity of, the Fund’s portfolio. Unanticipated or sudden political or social developments may cause uncertainty in the markets and as a result adversely affect the Fund’s investments. Foreign issuers may not be subject to the same uniform accounting, auditing and financial reporting standards and practices as used in the United States. Foreign securities markets may also be more volatile and less liquid than U.S. securities and may be less subject to governmental supervision not typically associated with investing in U.S. securities. Investment percentages in specific countries are presented in the Schedule of Investments.

The Funds invest a significant portion of their assets in securities of issuers located in the United States. A decrease in imports or exports, changes in trade regulations, inflation and/or an economic recession in the United States may have a material adverse effect on the U.S. economy and the securities listed on U.S. exchanges. Proposed and adopted policy and legislative changes in the United States may also have a significant effect on U.S. markets generally, as well as on the value of certain securities. Governmental agencies project that the United States will continue to maintain elevated public debt levels for the foreseeable future which may constrain future economic growth. Circumstances could arise that could prevent the timely payment of interest or principal on U.S. government debt, such as reaching the legislative “debt ceiling.” Such non-payment would result in substantial negative consequences for the U.S. economy and the global financial system. If U.S. relations with certain countries deteriorate, it could adversely affect issuers that rely on the United States for trade. The United States has also experienced increased internal unrest and discord. If these trends were to continue, they may have an adverse impact on the U.S. economy and the issuers in which the the Funds invest.

Certain Funds invest a significant portion of their assets in securities of issuers located in Europe or with significant exposure to European issuers or countries. The European financial markets have recently experienced volatility and adverse trends due to concerns about economic downturns in, or rising government debt levels of, several European countries as well as acts of war in the region. These events may spread to other countries in Europe and may affect the value and liquidity of certain of the Funds’ investments.

Responses to the financial problems by European governments, central banks and others, including austerity measures and reforms, may not work, may result in social unrest and may limit future growth and economic recovery or have other unintended consequences. Further defaults or restructurings by governments and others of their debt could have additional adverse effects on economies, financial markets and asset valuations around the world. The United Kingdom has withdrawn from the European Union, and one or more other countries may withdraw from the European Union and/or abandon the Euro, the common currency of the European Union. These events and actions have adversely affected, and may in the future adversely affect, the value and exchange rate of the Euro and may continue to significantly affect the economies of every country in Europe, including countries that do not use the Euro and non-European Union member states. The impact of these actions, especially if they occur in a disorderly fashion, is not clear but could be significant and far reaching. In addition, Russia launched a large-scale invasion of Ukraine on February 24, 2022. The extent and duration of the military action, resulting sanctions and resulting future market disruptions in the region are impossible to predict, but have been, and may continue to be significant and have a severe adverse effect on the region, including significant negative impacts on the economy and the markets for certain securities and commodities, such as oil and natural gas, as well as other sectors.

Certain Funds invest a significant portion of their assets in securities of issuers located in China or with significant exposure to Chinese issuers. Investments in Chinese securities, including certain Hong Kong-listed securities, involve risks specific to China. China may be subject to considerable degrees of economic, political and social instability and demonstrates significantly higher volatility from time to time in comparison to developed markets. Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries may disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Incidents involving China’s or the region’s security may cause uncertainty in Chinese markets and may adversely affect the Chinese economy and a fund’s investments. Reduction in spending on Chinese products and services, supply chain diversification, institution of tariffs, sanctions or other trade barriers, or a downturn in any of the economies of China’s key trading partners may have an adverse impact on the Chinese economy. In addition, measures may be taken to limit the flow of capital and/or sanctions may be imposed, which could prohibit or restrict the ability to own or transfer fund assets and may also include retaliatory actions, such as seizure of fund assets.

Certain Funds invest a significant portion of their assets in securities of issuers located in Asia or with significant exposure to Asian issuers or countries. The Asian financial markets have recently experienced volatility and adverse trends due to concerns in several Asian countries regarding monetary policy, government intervention in the markets, rising government debt levels or economic downturns. These events may spread to other countries in Asia and may affect the value and liquidity of certain of the Funds’ investments.

Certain Funds invest a significant portion of their assets in securities within a single or limited number of market sectors. When a fund concentrates its investments in this manner, it assumes the risk that economic, regulatory, political and social conditions affecting such sectors may have a significant impact on the fund and could affect the income from, or the value or liquidity of, the fund’s portfolio.

iShares MSCI Europe Financials ETF invest a significant portion of its assets within the financials sector. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, and interest rates, credit rating downgrades,

adverse public perception, exposure concentration and decreased liquidity in credit markets. The impact of changes in capital requirements and recent or future regulation on any individual financial company, or on the financials sector as a whole, cannot be predicted, but may negatively impact the Fund.

Significant Shareholder Redemption Risk: Certain shareholders may own or manage a substantial amount of fund shares and/or hold their fund investments for a limited period of time. Large redemptions of fund shares by these shareholders may force a fund to sell portfolio securities, which may negatively impact the fund’s NAV, increase the fund’s brokerage costs, and/or accelerate the realization of taxable income/gains and cause the fund to make additional taxable distributions to shareholders.

Capital shares are issued and redeemed by each Fund only in aggregations of a specified number of shares or multiples thereof (“Creation Units”) at NAV. Except when aggregated in Creation Units, shares of each Fund are not redeemable.

The consideration for the purchase of Creation Units of a fund in the Trust generally consists of the in-kind deposit of a designated portfolio of securities and a specified amount of cash. Certain funds in the Trust may be offered in Creation Units solely or partially for cash in U.S. dollars. Authorized Participants purchasing and redeeming Creation Units may pay a purchase transaction fee and a redemption transaction fee directly to State Street Bank and Trust Company, the Trust’s administrator, to offset transfer and other transaction costs associated with the issuance and redemption of Creation Units, including Creation Units for cash. Authorized Participants transacting in Creation Units for cash may also pay an additional variable charge to compensate the relevant fund for certain transaction costs (i.e., stamp taxes, taxes on currency or other financial transactions, and brokerage costs) and market impact expenses relating to investing in portfolio securities. Such variable charges, if any, are included in shares sold in the table above.

From time to time, settlement of securities related to in-kind contributions or in-kind redemptions may be delayed. In such cases, securities related to in-kind transactions are reflected as a receivable or a payable in the Statements of Assets and Liabilities.

The Internal Revenue Service (“IRS”) has issued guidance to address U.S. income tax liabilities attributable to fund shareholders resulting from the recovery of foreign taxes withheld in prior calendar years. These withheld foreign taxes were passed through to shareholders in the form of foreign tax credits in the year the taxes were withheld. Assuming there are sufficient foreign taxes paid which iShares MSCI ACWI ETF, iShares MSCI Europe Small-Cap ETF and iShares MSCI Kokusai ETF is able to pass

through to shareholders as a foreign tax credit in the current year, each of the Funds will be able to offset the prior years’ withholding taxes recovered against the foreign taxes paid in the current year. Accordingly, no federal income tax liability is recorded by the Funds.

Management has evaluated the impact of all subsequent events on the Funds through the date the financial statements were available to be issued and has determined that there were no subsequent events requiring adjustment or additional disclosure in the financial statements.

In compliance with Rule 22e-4 under the Investment Company Act of 1940, as amended (the “Liquidity Rule”), iShares Trust (the “Trust”) has adopted and implemented a liquidity risk management program (the “Program”) for iShares MSCI ACWI ETF, iShares MSCI ACWI Low Carbon Target ETF, iShares MSCI All Country Asia ex Japan ETF, iShares MSCI Europe Financials ETF, iShares MSCI Europe Small-Cap ETF and iShares MSCI Kokusai ETF (the “Funds” or “ETFs”), each a series of the Trust, which is reasonably designed to assess and manage each Fund’s liquidity risk.

The Board of Trustees (the “Board”) of the Trust, on behalf of the Funds, met on December 8, 2023 (the “Meeting”) to review the Program. The Board previously appointed BlackRock Fund Advisors (“BlackRock”), the investment adviser to the Funds, as the program administrator for each Fund’s Program. BlackRock also previously delegated oversight of the Program to the 40Act Liquidity Risk Management Committee (the “Committee”).At the Meeting, the Committee, on behalf of BlackRock, provided the Board with a report that addressed the operation of the Program and assessed its adequacy and effectiveness of implementation, including the management of each Fund’s Highly Liquid Investment Minimum (“HLIM”) where applicable, and any material changes to the Program (the “Report”). The Report covered the period from October 1, 2022 through September 30, 2023 (the “Program Reporting Period”).

The Report described the Program’s liquidity classification methodology for categorizing each Fund’s investments (including derivative transactions) into one of four liquidity buckets. It also referenced the methodology used by BlackRock to establish each Fund’s HLIM and noted that the Committee reviews and ratifies the HLIM assigned to each Fund no less frequently than annually. The Report also discussed notable events affecting liquidity over the Program Reporting Period, including extended market holidays, delays in the repatriation of the local currency in certain non-U.S. countries, the continued illiquidity of Russian equity securities and the suspension of select sanctions in Venezuela.

The Report noted that the Program complied with the key factors for consideration under the Liquidity Rule for assessing, managing and periodically reviewing each Fund’s liquidity risk, as follows:

There were no material changes to the Program during the Program Reporting Period other than the enhancement of certain model components in the Program’s classification methodology. The Report provided to the Board stated that the Committee concluded that based on the operation of the functions, as described in the Report, the Program is operating as intended and is effective in implementing the requirements of the Liquidity Rule.

The amounts and sources of distributions reported are estimates and are being provided pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources for tax reporting purposes will depend upon each Fund’s investment experience during the year and may be subject to changes based on tax regulations. Shareholders will receive a Form 1099-DIV each calendar year that will inform them how to report these distributions for federal income tax purposes.

Effective January 24, 2023, the SEC adopted rule and form amendments to require open-end mutual funds and ETFs to transmit concise and visually engaging streamlined annual and semiannual reports to shareholders that highlight key information. Other information, including financial statements, will no longer appear in a streamlined shareholder report but must be available online, delivered free of charge upon request, and filed on a semiannual basis on Form N-CSR. The rule and form amendments have a compliance date of July 24, 2024. At this time, management is evaluating the impact of these amendments on the shareholder reports for the Funds.

Shareholders can sign up for e-mail notifications announcing that the shareholder report or prospectus has been posted on the iShares website at iShares.com. Once you have enrolled, you will no longer receive prospectuses and shareholder reports in the mail.

Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents and Rule 30e-3 notices can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.

The Funds file their complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year as an exhibit to their reports on Form N-PORT. The Funds’ Forms N-PORT are available on the SEC’s website at sec.gov. Additionally, each Fund makes its portfolio holdings for the first and third quarters of each fiscal year available at iShares.com/fundreports.

A description of the policies and procedures that the iShares Funds use to determine how to vote proxies relating to portfolio securities and information about how the iShares Funds voted proxies relating to portfolio securities during the most recent twelve-month period ending June 30 is available without charge, upon request (1) by calling toll-free 1-800-474-2737; (2) on the iShares website at iShares.com; and (3) on the SEC website at sec.gov.

A description of the Trust’s policies and procedures with respect to the disclosure of the Fund’s portfolio securities is available in the Fund Prospectus. The Fund discloses its portfolio holdings daily and provides information regarding its top holdings in Fund fact sheets at iShares.com.

This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.

The iShares Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

The iShares Funds are not sponsored, endorsed, issued, sold or promoted by MSCI Inc., nor does this company make any representation regarding the advisability of investing in the iShares Funds. BlackRock is not affiliated with the company listed above.


				Average Annual Total Returns									Cumulative Total Returns

	6-Month Total Returns			1 Year			5 Years			10 Years			1 Year			5 Years			10 Years

Fund NAV		3.83	%		14.21	%		10.14	%		8.58	%		14.21	%		62.06	%		127.74	%
Fund Market		3.67			14.07			10.13			8.59			14.07			61.97			128.06
Index		4.08			14.70			10.16			8.43			14.70			62.25			124.64


Actual					Hypothetical 5% Return


	Beginning Account Value (08/01/23)	Ending Account Value (01/31/24)	Expenses Paid During the Period	^(a)		Beginning Account Value (08/01/23)	Ending Account Value (01/31/24)	Expenses Paid During the Period	^(a)	Annualized Expense Ratio

	$ 1,000.00	$ 1,038.30	$ 1.69			$ 1,000.00	$ 1,023.50	$ 1.68		0.33	%


SECTOR ALLOCATION

Sector	Percent of Total Investments	^(a)

Information Technology	23.6	%
Financials	16.0
Health Care	11.4
Consumer Discretionary	10.7
Industrials	10.5
Communication Services	7.5
Consumer Staples	6.7
Energy	4.5
Materials	4.2
Utilities	2.6
Real Estate	2.3


				Average Annual Total Returns									Cumulative Total Returns

	6-Month Total Returns			1 Year			5 Years			Since Inception			1 Year			5 Years			Since Inception

Fund NAV		4.11	%		14.33	%		10.34	%		8.34	%		14.33	%		63.56	%		108.18	%
Fund Market		4.06			14.37			10.24			8.33			14.37			62.83			107.92
Index		4.31			14.64			10.22			8.12			14.64			62.69			104.21


Actual					Hypothetical 5% Return


	Beginning Account Value (08/01/23)	Ending Account Value (01/31/24)	Expenses Paid During the Period	^(a)		Beginning Account Value (08/01/23)	Ending Account Value (01/31/24)	Expenses Paid During the Period	^(a)	Annualized Expense Ratio

	$ 1,000.00	$ 1,041.10	$ 1.03			$ 1,000.00	$ 1,024.10	$ 1.02		0.20	%


2		T H I S P A G E I S N O T P A R T O F Y O U R F U N D R E P O R T


	Page

The Markets in Review		2
Semi-Annual Report:
Fund Summary		4
About Fund Performance		10
Disclosure of Expenses		10
Schedules of Investments		11
Financial Statements:
Statements of Assets and Liabilities		86
Statements of Operations		88
Statements of Changes in Net Assets		90
Financial Highlights		93
Notes to Financial Statements		99
Statement Regarding Liquidity Risk Management Program		111
Supplemental Information		112
General Information		113
Glossary of Terms Used in this Report		114


Fund Summary as of January 31, 2024		iShares^® MSCI ACWI ETF


GEOGRAPHIC ALLOCATION

Country/Geographic Region	Percent of Total Investments	^(a)

United States	63.2	%
Japan	5.5
United Kingdom	3.4
Canada	2.9
France	2.8
China	2.5
Switzerland	2.5
Germany	2.0
India	1.8
Australia	1.8


4		2 0 2 4 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S


Fund Summary as of January 31, 2024		iShares^® MSCI ACWI Low Carbon Target ETF


Fund Summary as of January 31, 2024		iShares^® MSCI All Country Asia ex Japan ETF


Fund Summary as of January 31, 2024		iShares^® MSCI Europe Financials ETF


INDUSTRY ALLOCATION

Industry	Percent of Total Investments	^(a)

Banks	46.0	%
Insurance	29.7
Capital Markets	16.9
Financial Services	7.4


Fund Summary as of January 31, 2024		iShares^® MSCI Europe Small-Cap ETF


Fund Summary as of January 31, 2024		iShares^® MSCI Kokusai ETF




Affiliated Issuer	Value at 07/31/23		Purchases at Cost			Proceeds from Sale			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 01/31/24		Shares Held at 01/31/24		Income			Capital Gain Distributions from Underlying Funds


BlackRock Cash Funds: Institutional, SL Agency Shares	$	237,079,040	$	175,419,103	^(a)	$	—		$	9,636	$	53,321	$	412,561,100		412,313,711	$	650,482	^(b)	$	—

BlackRock Cash Funds: Treasury, SL Agency Shares		32,270,000		—			(11,480,000	)^(a)		—		—		20,790,000		20,790,000		863,545			—
BlackRock Inc.		30,845,510		249,354			(1,077,758	)		505,394		1,053,087		31,575,587		40,779		419,440			—


									$	515,030	$	1,106,408	$	464,926,687			$	1,933,467		$	—




Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)


Long Contracts
MSCI EAFE Index		81		03/15/24	$	9,044	$	197,153
MSCI Emerging Markets Index		84		03/15/24		4,119		(63,246	)
S&P 500 E-Mini Index		101		03/15/24		24,596		869,128


							$	1,003,035




	Commodity Contracts		Credit Contracts		Equity Contracts		Foreign Currency Exchange Contracts		Interest Rate Contracts		Other Contracts		Total

Assets — Derivative Financial Instruments
Futures contracts
Unrealized appreciation on futures contracts^(a)	$	—	$	—	$	1,066,281	$	—	$	—	$	—	$	1,066,281


Liabilities — Derivative Financial Instruments
Futures contracts
Unrealized depreciation on futures contracts^(a)	$	—	$	—	$	63,246	$	—	$	—	$	—	$	63,246



Futures contracts
Average notional value of contracts — long	$	38,015,983




	Level 1			Level 2		Level 3		Total


Assets
Investments
Long-Term Investments
Common Stocks	$	12,576,143,151		$	5,877,418,000	$	2,618	$	18,453,563,769
Preferred Stocks		32,697,369			32,844,311		214		65,541,894
Rights		33,263			31,329		—		64,592
Warrants		—			—		—		—
Short-Term Securities
Money Market Funds		433,351,100			—		—		433,351,100


	$	13,042,224,883		$	5,910,293,640	$	2,832	$	18,952,521,355


Derivative Financial Instruments^(a)
Assets
Equity Contracts	$	1,066,281		$	—	$	—	$	1,066,281
Liabilities
Equity Contracts		(63,246	)		—		—		(63,246	)


	$	1,003,035		$	—	$	—		1,003,035



Futures contracts:
Average notional value of contracts — long	$	2,850,256



Futures contracts:
Average notional value of contracts — long	$	1,460,846



Futures contracts:
Average notional value of contracts — long	$	9,214,985




Affiliated Issuer	Value at 07/31/23		Purchases at Cost			Proceeds from Sale			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 01/31/24		Shares Held at 01/31/24		Income			Capital Gain Distributions from Underlying Funds

BlackRock Cash Funds: Institutional, SL Agency Shares	$	6,088,328	$	—		$	(978,661	)^(a)	$	876	$	747	$	5,111,290		5,108,225	$	56,231	^(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		40,000		0	^(a)		—			—		—		40,000		40,000		1,660			—


									$	876	$	747	$	5,151,290			$	57,891		$	—




Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)


Long Contracts
Euro STOXX 50 Index		18		03/15/24	$	905	$	24,743
FTSE 100 Index		4		03/15/24		385		(1,396	)


							$	23,347




	Commodity Contracts		Credit Contracts		Equity Contracts		Foreign Currency Exchange Contracts		Interest Rate Contracts		Other Contracts		Total

Assets — Derivative Financial Instruments
Futures contracts
Unrealized appreciation on futures contracts^(a)	$	—	$	—	$	24,743	$	—	$	—	$	—	$	24,743


Liabilities — Derivative Financial Instruments
Futures contracts
Unrealized depreciation on futures contracts^(a)	$	—	$	—	$	1,396	$	—	$	—	$	—	$	1,396



Futures contracts:
Average notional value of contracts — long	$	1,145,982




Futures contracts:
Average notional value of contracts — long	$	442,661


	iShares MSCI ACWI ETF		iShares MSCI ACWI Low Carbon Target ETF		iShares MSCI All Country Asia ex Japan ETF			iShares MSCI Europe Financials ETF


ASSETS
Investments, at value — unaffiliated^(a)(b)	$	18,487,594,668	$	861,159,432	$	2,287,194,661		$	1,255,120,326
Investments, at value — affiliated^(c)		464,926,687		12,742,123		60,792,697			550,000
Cash		4,415		9,244		3,188			2,751
Cash pledged for futures contracts		1,748,000		102,000		108,000			—
Foreign currency collateral pledged for futures contracts^(d)		—		—		—			551,080
Foreign currency, at value^(e)		17,441,131		1,274,641		1,793,272			1,000,809
Receivables:
Investments sold		—		—		—			783,383
Securities lending income — affiliated		122,916		12,439		35,927			43
Dividends — unaffiliated		14,601,284		755,715		1,796,380			29,188
Dividends — affiliated		100,896		3,908		72,609			1,511
Tax reclaims		6,791,614		304,000		—			6,850,165


Total assets		18,993,331,611		876,363,502		2,351,796,734			1,264,889,256


LIABILITIES
Collateral on securities loaned, at value		412,429,522		10,369,994		44,151,065			—
Payables:
Capital shares redeemed		—		—		—			433,653
Deferred foreign capital gain tax		11,389,282		445,522		15,171,246			—
Investment advisory fees		5,050,842		145,627		1,424,390			520,367
Professional fees		7,017		—		—			—
Variation margin on futures contracts		477,877		29,974		13,907			59,081


Total liabilities		429,354,540		10,991,117		60,760,608			1,013,101

Commitments and contingent liabilities

NET ASSETS	$	18,563,977,071	$	865,372,385	$	2,291,036,126		$	1,263,876,155


NET ASSETS CONSIST OF
Paid-in capital	$	16,036,696,635	$	836,740,160	$	3,246,595,317		$	1,499,389,338
Accumulated earnings (loss)		2,527,280,436		28,632,225		(955,559,191	)		(235,513,183	)


NET ASSETS	$	18,563,977,071	$	865,372,385	$	2,291,036,126		$	1,263,876,155


NET ASSETVALUE

Shares outstanding		181,800,000		5,200,000		36,400,000			61,300,000


Net asset value	$	102.11	$	166.42	$	62.94		$	20.62


Shares authorized		Unlimited		Unlimited		Unlimited			Unlimited


Par value		None		None		None			None


^(a)Investments, at cost — unaffiliated	$	14,934,513,166	$	759,517,474	$	2,397,773,828		$	1,301,612,444

^(b)Securities loaned, at value	$	393,420,788	$	9,970,539	$	41,860,595		$	—

^(c)Investments, at cost — affiliated	$	458,820,221	$	12,755,205	$	60,770,047		$	550,000

^(d)Foreign currency collateral pledged, at cost	$	—	$	—	$	—		$	555,268

^(e)Foreign currency, at cost	$	17,445,470	$	1,298,039	$	1,805,142		$	992,598


	iShares MSCI Europe Small-Cap ETF			iShares MSCI Kokusai ETF


ASSETS
Investments, at value — unaffiliated^(a)(b)	$	112,469,793		$	193,276,667
Investments, at value — affiliated^(c)		5,151,290			1,877,597
Cash		3,175			5,681
Cash pledged for futures contracts		—			13,000
Foreign currency collateral pledged for futures contracts^(d)		84,932			22,694
Foreign currency, at value^(e)		821,161			208,730
Receivables:
Securities lending income — affiliated		6,979			684
Dividends — unaffiliated		87,427			130,573
Dividends — affiliated		97			1,073
Tax reclaims		285,546			41,526


Total assets		118,910,400			195,578,225


LIABILITIES
Collateral on securities loaned, at value		5,112,846			1,200,426
Payables:
Investment advisory fees		40,134			40,803
Professional fees		—			60,738
Variation margin on futures contracts		8,647			5,961


Total liabilities		5,161,627			1,307,928

Commitments and contingent liabilities

NET ASSETS	$	113,748,773		$	194,270,297


NET ASSETS CONSIST OF
Paid-in capital	$	172,982,977		$	225,432,937
Accumulated loss		(59,234,204	)		(31,162,640	)


NET ASSETS	$	113,748,773		$	194,270,297


NET ASSETVALUE

Shares outstanding		2,100,000			1,950,000


Net asset value	$	54.17		$	99.63


Shares authorized		Unlimited			Unlimited


Par value		None			None


^(a)Investments, at cost — unaffiliated	$	151,274,190		$	196,681,391

^(b)Securities loaned, at value	$	4,767,485		$	1,132,873

^(c)Investments, at cost — affiliated	$	5,149,443		$	1,927,837

^(d)Foreign currency collateral pledged, at cost	$	86,961		$	24,050

^(e)Foreign currency, at cost	$	823,946		$	208,620


	iShares MSCI ACWI ETF			iShares MSCI ACWI Low Carbon Target ETF				iShares MSCI All Country Asia ex Japan ETF				iShares MSCI Europe Financials ETF


INVESTMENT INCOME
Dividends — unaffiliated	$	160,085,947			$	7,394,397			$	21,671,031			$	13,084,481
Dividends — affiliated		1,282,985				51,348				266,725				23,023
Interest — unaffiliated		96,027				4,278				18,017				21,312
Securities lending income — affiliated — net		650,482				42,233				290,900				6,776
Other income — unaffiliated		867,849				—				—				—
Foreign taxes withheld		(6,068,047	)			(312,190	)			(2,350,683	)			(970,138	)
Foreign withholding tax claims		5,535,246				—				—				—
IRS compliance fee for foreign withholding tax claims		1,798				—				—				—
Other foreign taxes		(37,064	)			(559	)			(64,573	)			—


Total investment income		162,415,223				7,179,507				19,831,417				12,165,454


EXPENSES
Investment advisory		28,814,768				860,122				8,847,640				3,194,090
Professional		644,123				3,782				—				3,782
Commitment costs		19,473				1,726				19,473				—
Interest expense		—				2,477				24,448				—


Total expenses		29,478,364				868,107				8,891,561				3,197,872


Net investment income		132,936,859				6,311,400				10,939,856				8,967,582


REALIZED AND UNREALIZED GAIN (LOSS)
Net realized gain (loss) from:
Investments — unaffiliated^(a)		(61,362,852	)			(11,369,361	)			871,479				(11,373,852	)
Investments — affiliated		9,636				(2,008	)			6,649				1,338
Foreign currency transactions		(392,364	)			(12,735	)			(225,560	)			(230,789	)
Futures contracts		1,883,941				(21,209	)			(137,934	)			92,310
In-kind redemptions — unaffiliated^(b)		216,205,821				18,072,700				(23,623,233	)			31,363,831
In-kind redemptions — affiliated^(b)		505,394				33,499				—				—


		156,849,576				6,700,886				(23,108,599	)			19,852,838

Net change in unrealized appreciation (depreciation) on:
Investments — unaffiliated^(c)		410,106,671				20,964,342				(260,012,601	)			(4,717,526	)
Investments — affiliated		1,106,408				25,373				2,265				(313	)
Foreign currency translations		(263,490	)			(20,223	)			(95,608	)			66,748
Futures contracts		(1,860,855	)			(53,731	)			(738,566	)			(184,124	)


		409,088,734				20,915,761				(260,844,510	)			(4,835,215	)


Net realized and unrealized gain (loss)		565,938,310				27,616,647				(283,953,109	)			15,017,623


NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$	698,875,169			$	33,928,047			$	(273,013,253	)		$	23,985,205


^(a) Net of foreign capital gain tax and capital gain tax refund, if applicable of	$	(275,567	)		$	(60,309	)		$	(1,336,076	)		$	—
^(b) See Note 2 of the Notes to Financial Statements.
^(c) Net of increase in deferred foreign capital gain tax of	$	(4,803,718	)		$	(233,336	)		$	(5,901,273	)		$	—


	iShares MSCI Europe Small-Cap ETF			iShares MSCI Kokusai ETF


INVESTMENT INCOME
Dividends — unaffiliated	$	1,027,870			$	1,631,870
Dividends — affiliated		1,660				13,165
Interest — unaffiliated		1,710				1,349
Securities lending income — affiliated — net		56,231				3,747
Other income — unaffiliated		6,487				184,447
Foreign taxes withheld		(72,157	)			(35,823	)
Foreign withholding tax claims		35,401				491,570


Total investment income		1,057,202				2,290,325


EXPENSES
Investment advisory		231,561				235,409
Professional		7,971				67,612


Total expenses		239,532				303,021


Net investment income		817,670				1,987,304


REALIZED AND UNREALIZED GAIN (LOSS)
Net realized gain (loss) from:
Investments — unaffiliated		(3,552,027	)			(1,059,939	)
Investments — affiliated		876				760
Foreign currency transactions		7,412				(529	)
Futures contracts		16,980				5,333
In-kind redemptions — unaffiliated^(a)		555,015				837,569
In-kind redemptions — affiliated^(a)		—				(4,653	)


		(2,971,744	)			(221,459	)

Net change in unrealized appreciation (depreciation) on:
Investments — unaffiliated		1,729,395				7,193,054
Investments — affiliated		747				18,276
Foreign currency translations		(6,529	)			(5,780	)
Futures contracts		(4,318	)			(13,461	)


		1,719,295				7,192,089


Net realized and unrealized gain (loss)		(1,252,449	)			6,970,630


NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$	(434,779	)		$	8,957,934


	iShares MSCI ACWI ETF						iShares MSCI ACWI Low Carbon Target ETF


	Six Months Ended 01/31/24 (unaudited)			Year Ended 07/31/23			Six Months Ended 01/31/24 (unaudited)			Year Ended 07/31/23

INCREASE (DECREASE) IN NET ASSETS

OPERATIONS
Net investment income	$	132,936,859		$	339,696,186		$	6,311,400		$	16,979,849
Net realized gain		156,849,576			1,269,732,738			6,700,886			2,488,511
Net change in unrealized appreciation (depreciation)		409,088,734			576,844,350			20,915,761			80,842,922


Net increase in net assets resulting from operations		698,875,169			2,186,273,274			33,928,047			100,311,282


DISTRIBUTIONS TO SHAREHOLDERS^(a)
Decrease in net assets resulting from distributions to shareholders		(178,617,913	)		(315,032,351	)		(9,543,134	)		(15,702,910	)


CAPITAL SHARE TRANSACTIONS
Net decrease in net assets derived from capital share transactions		(385,410,580	)		(1,569,487,274	)		(56,220,508	)		(94,713,446	)


NET ASSETS
Total increase (decrease) in net assets		134,846,676			301,753,649			(31,835,595	)		(10,105,074	)
Beginning of period		18,429,130,395			18,127,376,746			897,207,980			907,313,054


End of period	$	18,563,977,071		$	18,429,130,395		$	865,372,385		$	897,207,980


	iShares MSCI All Country Asia ex Japan ETF						iShares MSCI Europe Financials ETF


	Six Months Ended 01/31/24 (unaudited)			Year Ended 07/31/23			Six Months Ended 01/31/24 (unaudited)			Year Ended 07/31/23

INCREASE (DECREASE) IN NET ASSETS

OPERATIONS
Net investment income	$	10,939,856		$	52,404,701		$	8,967,582		$	66,329,701
Net realized gain (loss)		(23,108,599	)		(301,681,139	)		19,852,838			(40,296,686	)
Net change in unrealized appreciation (depreciation)		(260,844,510	)		359,262,891			(4,835,215	)		357,670,156


Net increase (decrease) in net assets resulting from operations		(273,013,253	)		109,986,453			23,985,205			383,703,171


DISTRIBUTIONS TO SHAREHOLDERS^(a)
Decrease in net assets resulting from distributions to shareholders		(40,334,658	)^(b)		(50,273,411	)		(19,590,426	)		(63,365,245	)


CAPITAL SHARE TRANSACTIONS
Net increase (decrease) in net assets derived from capital share transactions		(305,811,063	)		(497,708,960	)		(301,071,497	)		268,062,230


NET ASSETS
Total increase (decrease) in net assets		(619,158,974	)		(437,995,918	)		(296,676,718	)		588,400,156
Beginning of period		2,910,195,100			3,348,191,018			1,560,552,873			972,152,717


End of period	$	2,291,036,126		$	2,910,195,100		$	1,263,876,155		$	1,560,552,873